Dollar General upgraded to Neutral from Sell at Citi

Citi analyst Paul Lejuez upgraded Dollar General (DG) to Neutral from Sell with a price target of $101, up from $69. In the near-term, Dollar General does not have the same tariff risk as most others in retail, and may benefit from consumers trading down, the analyst tells investors in a research note. The firm no longer believes a Sell rating is warranted, saying consumables-based businesses are likely to fare better than those selling more discretionary products. Dollar General’s positioning as a retailer “with mindshare for value” should help it avoid any significant pressure from a potentially weakening consumer, contends Citi.