Dollar General price target lowered to $142 from $166 at Truist

Truist lowered the firm’s price target on Dollar General to $142 from $166 and keeps a Hold rating on the shares. The company’s Q2 results were a “meaningful miss” against the already depressed expectations, but on the brighter side, Dollar General is accelerating the much-needed investments in price and labor, which should ultimately result in better sales growth, the analyst tells investors in a research note.