Piper Sandler raised the firm’s price target on Dollar General (DG) to $132 from $129 and keeps a Neutral rating on the shares. Heading into Q4 earnings for the discount retailers, the firm has a neutral view on Dollar General given some risk of pressure on consumer spending from higher oil prices. Dollar General appears to have had a solid Q4, but compares for 2026 are now much harder and valuation at 21 times is close to a five-year high, adds Piper.
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