Piper Sandler Downgrades Tractor Supply Amid Weak Pet Spending Trends
On May 5, Piper Sandler downgraded Tractor Supply (TSCO) from Overweight to Neutral and cut its price target to $36 from $51. The firm cited weak pet spending trends as a key concern for the company's performance in the near term.
Tickers: $TSCO
Topics: dividend growth stocks pet spending trends Piper Sandler Tractor Supply