Jefferies lowered the firm’s price target on Dollar Tree (DLTR) to $110 from $130 and keeps a Hold rating on the shares. The company reported a “strong Q2 beat” and FY25 guidance was raised on both the top and bottom lines, but margin visibility remains challenged amid macro volatility and tariff uncertainty despite comps and customer growth the firm calls “encouraging.” The firm’s lowered price target reflects a slightly lower multiple and EPS estimates, the analyst noted.
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