BofA analyst Robert Ohmes raised the firm’s price target on Dollar General (DG) to $135 from $115 and keeps a Buy rating on the shares after fiscal Q1 EPS of $1.78 came in “well ahead” of BofA and Street estimates and the company raised the low end of its FY26 EPS guidance by 10c. The firm applies a higher multiple to its FY27 EPS estimate of $6.40, which was raised 5c, given confidence that the company’s “Back to Basics” initiatives are working, the analyst tells investors.
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Read More on DG:
- Dollar General price target raised to $112 from $93 at Truist
- Dollar General price target raised to $126 from $110 at Jefferies
- Dollar General price target raised to $119 from $100 at Barclays
- Gordon Haskett upgrades Dollar General after company ‘delivered’ with earnings
- Dollar General upgraded to Accumulate from Reduce at Gordon Haskett
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