Truist lowered the firm’s price target on Dollar Tree (DLTR) to $142 from $156 and keeps a Buy rating on the shares. Truist expects trends will continue to improve as the company enhances its store standards, optimizes inventory/increases product values and the like for like tradeoff normalizes, the analyst tells investors in a research note.
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Read More on DLTR:
- Bullish on Dollar Tree: Robust Comps, Traffic Momentum, and Post–Family Dollar Streamlining Support Multi‑Year Double‑Digit EPS Growth
- Dollar Tree price target raised to $124 from $123 at Bernstein
- Dollar Tree price target raised to $116 from $114 at Piper Sandler
- Structural Headwinds and Traffic Declines Drive Underperform Rating on Dollar Tree Despite Solid Recent Results
- Dollar Tree price target raised to $89 from $85 at BofA