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Stock Market & Financial Investment News

News Breaks
July 10, 2014
07:31 EDTTSCOTractor Supply sell-off brings buying opportunity, says JPMorgan
JPMorgan views the sell-off in shares of Tractor Supply following the company's guidance update as a buying opportunity. The firm attributes the much of Q2 weakness to seasonal factors driven by the weather and it believes July is off to a solid start. JPMorgan lowered its price target for shares to $72 from $74 and keeps an Overweight rating on the stock.
News For TSCO From The Last 14 Days
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March 3, 2015
07:09 EDTTSCOBofA/Merrill to hold a conference
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February 25, 2015
07:44 EDTTSCOTractor Supply price target raised to $99 from $88 at UBS
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February 24, 2015
08:57 EDTTSCOTractor Supply price target raised to $96 from $88 at RW Baird
Baird raised its price target to $96 from $88 following the company raising its long-term U.S. store growth and operating margin targets ahead of today's analyst day. Baird reiterated its Outperform rating on Tractor Supply shares.
07:06 EDTTSCOTractor Supply raises long-term domestic store growth, operating margin targets
Tractor Supply increased its domestic store growth target to 2,500 stores from 2,100 stores and its long-term operating margin target to 11.5% from 10.5%. CEO Greg Sandfort stated, "As our business continues to evolve, so do our long-term operating targets. We are pleased to be raising our long-term store growth and operating margin targets. We remain committed to driving long-term sustainable earnings growth and shareholder return by having a balanced approach to driving sales, growing gross margin, managing working capital and improving efficiencies. We believe our key sales and gross margin initiatives, along with ongoing system enhancements such as demand planning, inventory allocation, and price optimization should continue to benefit sales and margins over the foreseeable future."
February 20, 2015
08:27 EDTTSCOTractor Supply well positioned for growth, says BofA/Merrill
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