BofA raised the firm’s price target on Dollar General (DG) to $160 from $135 and keeps a Buy rating on the shares after the company reported Q3 EPS ahead of the Street and raised FY26 guidance for EPS and comps. Following the report, the firm raised its FY26 EPS estimate 40c to $6.50, which reflects its Q4 outlook for 2.5% comp growth and continued gross margin expansion.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DG:
- Dollar General price target raised to $128 from $115 at JPMorgan
- Gordon Haskett upgrades Dollar General to Buy on standout traffic
- Gordon Haskett upgrades Dollar Tree to Buy on stand out traffic
- Dollar General upgraded to Buy from Accumulate at Gordon Haskett
- Midday Fly By: Meta to slash metaverse spending, Salesforce posts Q3 beat