Tractor Supply price target raised to $262 from $250 at Barclays

Barclays analyst Seth Sigman raised the firm’s price target on Tractor Supply (TSCO) to $262 from $250 and keeps an Equal Weight rating on the shares following the analyst event. The firm trimmed estimates to reflect the updated guidance and strategic plans. Tractor Supply’s outlook seems reasonable, but Barclays struggles with the balance of controllable versus uncontrollable factors, the analyst tells investors in a research note.