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.
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