Analyst action: Tractor Supply, Dollar General
A few more analysts have weighed in on the prospects for Tractor Supply shares following the company's light 2012 guidance earlier this week. Barclays researcher Alan Rifkin has reiterated his 'overweight' rating and hiked his target to $90 from $80. Brent Rystrom at Feltl has followed suit, albeit a little more conservatively: He reiterated his 'buy' rating and lifted his target to $85 from $83. Tractor Supply shares (Ticker: TSCO) have regained the ground they lost this week and are again changing hands above $81 — less than 2 percent from their all-time highs.
Over at JPMorgan, analysts have begun covering shares of discount retail giant Dollar General with a 'neutral' rating and a price target of $45. That puts them among the more cautious researchers following Dollar General: Of the 20 other analysts tracking the company, only eight have 'hold' ratings. Dollar General (Ticker: DG) was off slightly late Friday morning at around $42.




