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HSBC Adds Stake in Tractor Supply as Analysts Update Targets

HSBC logoHSBC
Sig1.49Sen+1.01Env0.00Soc0.00Gov0.00
Tractor Supply logoTractor Supply
Sig1.25Sen-0.40Env0.00Soc0.00Gov0.00

HSBC disclosed a new stake in Tractor Supply in its Q2 13F, buying 1,742,693 shares worth about $55.0M. Other institutions also increased holdings, while company insiders owned 0.64%. Analyst views were mixed: Truist maintained a hold with a $32 target, Wells Fargo cut its target to $35 with an overweight rating, and Weiss downgraded to a sell.

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