DA Davidson Reiterates Buy Rating on Tractor Supply Company (TSCO)

DA Davidson analyst Michael Baker reiterated a Buy rating and $60.00 price target on Tractor Supply Company (NASDAQ: TSCO).

The analyst commented: "TSCO reports 1Q26 on Tuesday April 21st. We are reducing our comp estimate on mixed leading indicators that skew negatively in our view and we are now slightly below consensus for the quarter. We believe TSCO will reiterate their full year guidance as it is still early in the spring selling season. Thus, commentary on the pace of comps through 1Q and into early 2Q will be a key driver to the stock along with the reported results. We also expect commentary around the impact of commodity inflation as well as thoughts on rural competition, particularly if we are right and comps remain softer. We reiterate our BUY rating and $60 price target as the year to date underperformance puts the relative multiple at the lowest level since 2018."

For an analyst ratings summary and ratings history on Tractor Supply Company click here. For more ratings news on Tractor Supply Company click here.

Shares of Tractor Supply Company closed at $44.75 yesterday.

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