Evercore ISI raised the firm’s price target on Dollar Tree (DLTR) to $120 from $104 and keeps an In Line rating on the shares. Dollar Tree’s multi price point initiative is gaining traction with a 4.2% comp growth, reflecting share gains, the analyst tells investors in a post-earnings note.
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Read More on DLTR:
- Dollar Tree price target raised to $109 from $103 at Bernstein
- Cautious Outlook for Dollar Tree Amid Pricing and Market Share Challenges
- Dollar Tree’s Hold Rating: Balancing Short-Term Gains with Long-Term Uncertainties
- Dollar Tree price target raised to $138 from $135 at UBS
- Dollar Tree price target raised to $130 from $125 at Guggenheim