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Dollar General price target raised to $117 from $100 at Evercore ISI

Evercore ISI raised the firm’s price target on Dollar General (DG) to $117 from $100 and keeps an In Line rating on the shares. Dollar General’s back-to-basics approach is gaining traction with solid Q1 sales and profit growth up 5% year over year, and the company is seeing benefits from trade-in, higher ticket sales in discretionary categories, and gross margin expansion, the analyst tells investors in a research note. Tariff risks remain a potential 5%-8% EPS headwind, but Dollar General’s turnaround is showing “promising” signs, the firm says.

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