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Home/News Feed/Guggenheim cuts Tractor Supply price target to $40 after Q2 earnings miss and sales outlook downgrade.
TSCO
$30.47
+$0.15 +0.49%

Guggenheim cuts Tractor Supply price target to $40 after Q2 earnings miss and sales outlook downgrade.

Analyst Insights
24 Jul 2026
Tony Dante
View Source
Bearish
pluang ai news

Guggenheim lowered its price target for Tractor Supply to $40, citing a Q2 earnings miss with adjusted EPS of $0.81 and sales of $4.5 billion, both below expectations. The company also reported a 1.5% decline in comparable-store sales and a drop in customer transactions. As a result, Tractor Supply revised its 2026 sales growth forecast down to 2.5%-3.5% from 4%-6% and plans to close about 75 underperforming Petsense stores. Despite challenges, the new price target implies a potential 31.93% upside from the current stock price of $30.32.

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