Telsey Advisory Group Maintains Tractor Supply 'Outperform' Rating, Price Target at $60

Telsey Advisory Group maintains "Outperform" rating and $60 price target for Tractor Supply (TSCO). Analyst Joseph Feldman's decision indicates confidence in the company's performance and stability. The average 1-year target price is $54.57, with a high estimate of $66 and a low of $42. The average brokerage recommendation is 2.5, indicating "Outperform" status. GF Value estimates a fair value of $55.71, suggesting a 1.97% downside from the current price.

Telsey Advisory Group has maintained its "Outperform" rating for Tractor Supply (NASDAQ: TSCO) while raising the price target to $60.00. This decision by analyst Joseph Feldman reflects confidence in the company's performance and stability. The average 1-year target price is $54.57, with a high estimate of $66 and a low of $42. The average brokerage recommendation is 2.5, indicating an "Outperform" status. GuruFocus estimates a fair value of $55.71, suggesting a 1.97% downside from the current price.

Key Points:
- Outperform Rating: Telsey Advisory Group has maintained its "Outperform" rating for Tractor Supply (TSCO).
- Price Target: The price target has been raised to $60.00, indicating a potential upside of 5.87% from the current price.
- Consensus Target Price: The average 1-year target price is $54.57, with a high estimate of $66 and a low estimate of $42.
- Brokerage Recommendation: The average brokerage recommendation is 2.5, indicating an "Outperform" status.
- Fair Value Estimate: GuruFocus estimates a fair value of $55.71, suggesting a 1.97% downside from the current price.

Recent Developments:
- Earnings Report: Tractor Supply (TSCO) reported $0.34 EPS for the quarter, missing analysts' consensus estimates of $0.37 by ($0.03).
- Insider Transactions: EVP Jonathan S. Estep sold 35,825 shares of TSCO stock, and SVP Matthew L. Rubin sold 2,810 shares, representing a decrease in their ownership positions.
- Institutional Holdings: Several hedge funds and institutional investors have increased their stakes in TSCO, including Bennett Selby Investments LP, Hancock Whitney Corp, and Nissay Asset Management Corp Japan ADV.

Market Performance:
- Stock Price: TSCO traded down $0.16 on July 18, 2025, reaching $56.67.
- Volume: 202,686 shares traded hands, compared to its average volume of 5,145,899.
- Moving Averages: The 50-day moving average is $52.50, and the 200-day moving average is $53.16.

Conclusion:
Telsey Advisory Group's updated rating and price target for Tractor Supply (TSCO) reflect a positive outlook on the company's future performance. The continued "Outperform" rating and the raised price target suggest confidence in the company's growth and financial stability.

References:
[1] https://www.marketbeat.com/instant-alerts/telsey-advisory-group-reiterates-outperform-rating-for-tractor-supply-nasdaqtsco-2025-07-18/
[2] https://www.gurufocus.com/news/2978121/wells-fargo-raises-price-target-for-tractor-supply-tsco-to-63-tsco-stock-news