UBS reiterates its Buy recommendation on the stock, with an unchanged target price of 315 pence, representing a potential upside of 6% from the current price.

' Expect a solid end to FY24; focus is on FY25' says the analyst firm.

' We expect a solid Q3/Christmas as TSCO enters FY25e with good momentum. The potential for further earnings growth in FY25 remains, and shares remain cheap' says UBS.

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