Citi raised the firm’s price target on Dollar General (DG) to $112 from $101 and keeps a Neutral rating on the shares. The company’s Q1 beat consensus, with strong comps and gross margin driving earnings upside, the analyst tells investors in a research note. The firm views Dollar General’s risk/reward as balanced, but leans “more negative” following the stock move given no change to the company’s long-term challenges.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DG:
- Dollar General’s Balanced Risk/Reward Scenario Justifies Hold Rating Amid Uncertain Turnaround
- Dollar General upgraded to Outperform from Perform at Oppenheimer
- Optimistic Buy Rating for Dollar General: Promising Growth and Resilience Amid Economic Challenges
- Dollar General Reports Strong Q1 2025 Results
- Dollar General’s Q1 Earnings: Strong Growth Amid Challenges