Dollar General price target raised to $110 from $80 at Loop Capital

Loop Capital analyst Anthony Chukumba raised the firm’s price target on Dollar General (DG) to $110 from $80 and keeps a Buy rating on the shares. The firm was “impressed” by the company’s Q1 results, including its better-than-expected top-line performance, gross and operating margin expansion, a sizable earnings beat to consensus expectations, and raised 2025 guidance, and Loop believes the company’s recent momentum indicates that the management’s turnaround plan is finally beginning to significantly bear fruit, the analyst tells investors in a research note.