What Do Analysts Think About Tractor Supply Company (TSCO)?

Tractor Supply Company (NASDAQ:TSCO) is one of the best pet stocks to buy according to hedge funds. Guggenheim reaffirmed a Buy rating on Tractor Supply Company (NASDAQ:TSCO) on February 9 with a price target of $65.00. The stock also received a rating update from UBS on January 30, which cut the price target on Tractor Supply Company (NASDAQ:TSCO) to $55 from $57 and reaffirmed a Neutral rating on the shares.

The same day, TD Cowen also cut the price target on Tractor Supply Company (NASDAQ:TSCO) to $53 from $55 while reiterating a Hold rating on the shares. The firm told investors that a tough backdrop is driving comps and margin pressure while newer initiatives scale. It added that while softer fiscal Q4 results were expected, weak comps and GM pressure were negative call-outs.

Piper Sandler also lowered the price target on Tractor Supply Company (NASDAQ:TSCO) on January 30 to $59 from $67 and maintained an Overweight rating on the shares. The firm stated that it updated the rating after a disappointing fiscal Q4 that missed consensus on comparable sales, EPS, and margin, with the company also guiding 2026 below Wall Street expectations and considerably below its long-term comparison guide of 3%-5%. These trends were attributed to a continually pressured customer wallet and discretionary softness. However, Piper added that it believes Tractor Supply Company (NASDAQ:TSCO) can get back to a 3%-plus comp over time, and doesn’t believe the company is losing share.

Tractor Supply Company (NASDAQ:TSCO) operates farm and ranch stores, with a focus on supplying the lifestyle needs of small businesses, tradesmen, and recreational farmers and ranchers. The company’s product categories include pets, small animals, equine, hardware, livestock, and several others, and it operates retail stores under the following names: Petsense, Tractor Supply Company, and Orscheln Farm & Home.

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