TSCO drops after weak Q1 as analysts turn cautious

Tractor Supply (TSCO) faced analyst caution and target cuts from Jefferies and Truist after missing Q1 estimates. Jefferies lowered its target to $51, citing skepticism, but maintained a Buy rating for long-term investors. While the stock had its worst day in 4 years Tuesday, retail traders view the dip as oversold, with shares edging higher overnight.