Morgan Stanley Keeps Their Hold Rating on Tractor Supply (TSCO)

By Austin Angelo

Morgan Stanley analyst Simeon Gutman maintained a Hold rating on Tractor Supply (TSCOResearch Report) today and set a price target of $96. The company’s shares opened today at $103.97, close to its 52-week high of $104.74.

According to, Gutman is a 4-star analyst with an average return of 4.3% and a 57.9% success rate. Gutman covers the Services sector, focusing on stocks such as National Vision Holdings Inc, Floor & Decor Holdings Inc, and Wal-Mart Stores Inc.

Currently, the analyst consensus on Tractor Supply is a Moderate Buy with an average price target of $100.67, a -3.2% downside from current levels. In a report released today, Loop Capital Markets also maintained a Hold rating on the stock with a $106 price target.

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Based on Tractor Supply’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $137 million. In comparison, last year the company had a net profit of $71.43 million.

Based on the recent corporate insider activity of 62 insiders, corporate insider sentiment is neutral on the stock.

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Tractor Supply Co. engages in the retail sale of farm and ranch products. It operates retail farm & ranch stores and focuses on supplying the lifestyle needs of recreational farmers and ranchers, as well as tradesmen and small businesses. The firm operates the retail stores under the names: Tractor Supply Company, Del’s Feed & Farm Supply, and Petsense.