Dollar General price target raised to $112 from $93 at Truist

Truist raised the firm’s price target on Dollar General (DG) to $112 from $93 and keeps a Hold rating on the shares following Q1 results that the firm described as “better than initially expected.” While the firm thinks it is “fair to question the sustainability of these trends,” it adds that the year is “off to a solid start,” but also contends that the stock “seems to reflect a lot of that improvement.”