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Stock analysts at Telsey Advisory Group decreased their price objective on shares of Tractor Supply Company (NASDAQ:TSCO) from $79.00 to $74.00 in a report issued on Thursday. The firm currently has a “not rated” rating on the stock. Telsey Advisory Group’s price target would suggest a potential upside of 20.56% from the stock’s previous close.

A number of other firms have also recently commented on TSCO. Analysts at William Blair downgraded shares of Tractor Supply Company from an “outperform” rating to a “market perform” rating in a research note on Thursday. Separately, analysts at Morgan Stanley upgraded shares of Tractor Supply Company from an “equal weight” rating to an “outperform” rating in a research note on Thursday. They now have a $65.00 price target on the stock, down previously from $70.00. Finally, analysts at Deutsche Bank cut their price target on shares of Tractor Supply Company to $61.00 in a research note on Thursday. Nine equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Tractor Supply Company presently has a consensus rating of “Hold” and an average target price of $87.13.

Tractor Supply Company (NASDAQ:TSCO) opened at 57.70 on Thursday. Tractor Supply Company has a 1-year low of $58.025 and a 1-year high of $78.17. The stock has a 50-day moving average of $63.54 and a 200-day moving average of $68.14. The company has a market cap of $7.991 billion and a price-to-earnings ratio of 26.00.

Tractor Supply Company (NASDAQ:TSCO) last posted its quarterly earnings results on Wednesday, April 23rd. The company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by $0.02. The company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter in the previous year, the company posted $0.62 earnings per share. The company’s revenue for the quarter was up 9.0% on a year-over-year basis. On average, analysts predict that Tractor Supply Company will post $2.60 earnings per share for the current fiscal year.

Tractor Supply Company is an operator of retail farm and ranch stores in the United States. It operates retail stores under the names Tractor Supply Company and Del’s Feed & Farm Supply and operates a Website under the name TractorSupply.

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