Dollar General price target raised to $75 from $66 at JPMorgan

JPMorgan raised the firm’s price target on Dollar General (DG) to $75 from $66 and keeps a Neutral rating on the shares following the Q4 report. The company’s initial fiscal 2025 earnings guidance was set below the Street, with a “show-me” setup for the second half of the year, the analyst tells investors in a research note. JPMorgan further lowered its below-consensus first half earnings per share to $2.87, below the Street’s $3.30, with management expecting the most pressure on a year-over-year comparison in the first two quarters.