Dollar General price target raised to $120 from $119 at Truist

Truist analyst Scot Ciccarelli raised the firm’s price target on Dollar General (DG) to $120 from $119 and keeps a Hold rating on the shares. The company’s Q2 sales were in-line with the firm’s revised forecast, though its earnings topped estimates on better margins, primarily driven by lower shrink and benefits stemming from lower inventories, the analyst tells investors in a research note. Truist adds that Dollar General’s 2025 earnings are now expected to be stronger than previously estimated, though this performance will make 2026 gross margin comparisons “more difficult”.