Bernstein analyst Zhihan Ma raised the firm’s price target on Dollar Tree (DLTR) to $124 from $123 and keeps a Market Perform rating on the shares. The firm notes the company reported earnings with a small Q4 beat and FY26 guidance that was largely in line with its Investor Day guidance. However, traffic has turned negative over the past two quarters. The real test comes in Q2 when Dollar Tree starts to lap last year’s macro tailwinds, Bernstein adds.
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Read More on DLTR:
- Structural Headwinds and Traffic Declines Drive Underperform Rating on Dollar Tree Despite Solid Recent Results
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- Balanced View on Dollar Tree: Attractive Valuation but Traffic and Execution Risks Justify Hold Rating
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