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Oppenheimer downgraded Tractor Supply Company (NYSE:TSCO) from Outperform to Market Perform in a report released today.

Oppenheimer has downgraded Tractor Supply Company (NYSE:TSCO) from Outperform to Market Perform in a report released on 05/05/2017.

On 4/28/2017, Oppenheimer released a statement for Tractor Supply Company (NYSE:TSCO) bumped up the target price from $0.00 to $88.00. At the time, this indicated a possible upside of 0.42%.

Displaying a price of $61.95, Tractor Supply Company (NYSE:TSCO) traded 0.67% higher on the day. With the last close down -12.80% from the two hundred day average, compared with the S&P 500 Index which has increased 0.02% over the same period. TSCO has recorded a 50-day average of $66.60 and a two hundred day average of $71.05. Volume of trade was down over the average, with 1,361,748 shares of TSCO changing hands under the typical 2,234,240

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Tractor Supply Company has with a one year low of $61.06 and a one year high of $97.00 and has a total market value of $0.

A total of 24 firms have reported on TSCO. Ten equity analysts rating the company a strong buy, 11 brokers rating the stock a buy, 8 brokers rating the stock a hold, zero analysts rating the company a underperform, and finally zero brokerages rating the stock a sell with a average stock price target of $101.61.

Brief Synopsis On Tractor Supply Company (NYSE:TSCO)

Tractor Supply Company is an operator of rural lifestyle retail stores in the United States. The Company is focused on supplying the needs of recreational farmers and ranchers and others, as well as tradesmen and small businesses. It is engaged in the retail sale of products that support the rural lifestyle. The Company operates retail stores under the names Tractor Supply Company, Del's Feed & Farm Supply and Petsense, and operates Websites under the names TractorSupply.com and Petsense.com. The Company's selection of merchandise consists of various product categories, including equine, livestock, pet and small animal products; hardware, truck, towing and tool products; seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; work/recreational clothing and footwear, and maintenance products for agricultural and rural use. Its brands include 4health, JobSmart, Bit & Bridle, Paws & Claws, Blue Mountain, Redstone, Dumor, Equistages and Royal Wing.

The post Oppenheimer Downgraded Tractor Supply Company (NYSE:TSCO) from Outperform to Market Perform in a report released today. appeared first on Octafinance.



This post first appeared on Octafinance – Financial News, Reports And Intell, please read the originial post: here

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Oppenheimer downgraded Tractor Supply Company (NYSE:TSCO) from Outperform to Market Perform in a report released today.

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