Argus analyst Chris Graja lowered the firm’s price target on Dollar General to $170 from $175 and keeps a Buy rating on the shares. The company is facing a more difficult operating environment than previously anticipated, though the firm remains optimistic about Dollar General’s prospects with Todd Vasos back at the helm as CEO, the analyst tells investors in a research note. Argus is also cutting its Q2 EPS view on the stock by 20c to $1.74 on a reduction to its estimate of operating margin.
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