Truist lowered the firm’s price target on Dollar General to $130 from $135 and keeps a Hold rating on the shares as part of a broader research note on Retail names. Consistent with the firm’s mid-quarter data reads, Dollar General’s sales appeared to continue to soften during the quarter and trends remained modestly below Truist’s projections, the analyst tells investors in a research note. Truist is also cutting its FY24 EPS view by 25c to $7.05 and its FY25 view by 25c to $7.80.
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