Tractor Supply rises after Citi upgrades to 'buy'

Tractor Supply Co

09/10/2025 13:04

** Shares of farming supplies retailer Tractor Supply TSCO.O rise nearly 1.5% to about $54.8 premarket after Citi upgrades to "buy" from "neutral"

** Brokerage raises PT to $62 from $60, representing a 14.9% upside to last close

** "Despite the September deceleration, we still see sales/EPS upside to Q3 earnings on Oct. 23, with same-store sales strength likely to continue the next several quarters based on steady traffic, pricing tailwinds building, new initiatives gaining scale, and easy compares," Citi says

** 17 of 33 brokerages rate the stock "buy" or higher, 15 "hold" and one "sell"; their median PT is $63.5 - according to data compiled by LSEG

** As of last close, shares up about 1.6% YTD

 (Reporting by Parth Chandna)

 ((Parth.Chandna@thomsonreuters.com;))