Morgan Stanley raised the firm’s price target on Dollar General (DG) to $135 from $125 and keeps an Equal Weight rating on the shares. Improving traffic, development of the digital channel, and recapture of shrink and damages support improved earnings momentum, though macro and competitive headwinds remain, the analyst tells investors in a post-earnings note.
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Read More on DG:
- Dollar General price target raised to $130 from $105 at Evercore ISI
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