Morgan Stanley raised the firm’s price target on Dollar General (DG) to $125 from $115 and keeps an Equal Weight rating on the shares. Dollar General is “recapturing a respectable and solid comp and EPS algorithm,” but the firm believes this is largely reflected in its current multiple, the analyst tells investors.
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Read More on DG:
- Dollar General price target raised to $130 from $125 at Raymond James
- Dollar General price target raised to $135 from $128 at UBS
- Dollar General price target raised to $134 from $122 at Bernstein
- Dollar General price target raised to $120 from $119 at Truist
- Dollar General’s Strong Quarter and Growth Potential Support Buy Rating