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Dollar General price target raised to $165 from $140 at Guggenheim

Guggenheim raised the firm’s price target on Dollar General (DG) to $165 from $140 and keeps a Buy rating on the shares. The recent, pronounced step-up in top-line momentum, though “potentially unsustainable,” may be shifting the narrative to an early stage “duration” turnaround from a shrink-driven, tactical margin recovery, the analyst tells investors.

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