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Retailer’s Q1 topped expectations, tailwinds expected to endure

Also: HCA investors turn away call for executive pay change

A handful of analysts following Tractor Supply are telling investors to be confident that the company’s growth during the COVID-19 pandemic can be sustained in 2021 and beyond. Their comments and price target hikes in recent days have come on the heels of Tractor Supply executives releasing their first-quarter earnings report and raising their outlook for the Brentwood-based company's year. They also said that strong sales gains from the first quarter have carried over to the second quarter, expected to be the company's most difficult quarter based on last year's pop as the pandemic took...

The Globe and Mail Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Inside the Market’s roundup of some of today’s key analyst actions Scotiabank analyst Jason Bouvier upgraded Cenovus Energy Inc. (CVE-T) to “sector outperform,” citing improving fundamentals, potential future positive catalysts for the stock, and attractive valuation. Mr. Bouvier, who previously rated the stock “secto...

The Globe and Mail Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Inside the Market’s roundup of some of today’s key analyst actions CIBC downgraded Organigram Holdings Inc. (OGI-T) to an “underperformer” rating - the equivalent of a sell recommendation - from “neutral”, and was among several brokers that slashed price targets on the cannabis company following disappointing quarte...