Evercore ISI raised the firm’s price target on Dollar Tree (DLTR) to $85 from $79 and keeps an In Line rating on the shares after the company announced the “much-anticipated” sale of its Family Dollar business, as well as outlining what the firm calls “solid efforts to mitigate at least the first round of tariff announcements.” The firm views the Family Dollar sale at a $1B price, which it notes is at the lower end of $1B-$3B anticipated, as “addition by subtraction,” ending what has been an unfortunate acquisition.
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