Oppenheimer upgraded Dollar General (DG) to Outperform from Perform with a $130 price target Following the company’s stronger than expected earnings report, the firm is increasingly confident in management’s ability to drive a 2%-3% comp on a sustained basis and make progress toward its 6%-7% operating margin target in 2028 and 2029. In addition, Dollar General’s model has been resilient in recessionary periods, the analyst tells investors in a research note. The firm believes this could drive further money flows in an increasingly uncertain backdrop as the year progresses.
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Read More on DG:
- Optimistic Buy Rating for Dollar General: Promising Growth and Resilience Amid Economic Challenges
- Dollar General Reports Strong Q1 2025 Results
- Dollar General’s Q1 Earnings: Strong Growth Amid Challenges
- Dollar General price target raised to $135 from $115 at BofA
- Dollar General price target raised to $112 from $93 at Truist
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