Dollar General price target raised to $130 from $123 at Telsey Advisory

Telsey Advisory raised the firm’s price target on Dollar General (DG) to $130 from $123 and keeps a Market Perform rating on the shares. The firm remains constructive on Dollar General, believing the company is transitioning to a mature retailer from a growth retailer, the analyst tells investors. Telsey remains concerned about the health of the company’s core lower-income consumer, competition, and macro factors including tariffs and inflation.