Dollar General price target lowered to $181 from $200 at UBS

UBS lowered the firm’s price target on Dollar General to $181 from $200 and keeps a Buy rating on the shares. While stating that the company’s Q2 report “raised more questions than answers,” and that the narrative around the investment case “is decidedly negative,” the firm is not “sure that the reality of the situation is as dire as the market might believe,” the analyst tells investors. If comps improve in the next couple of quarters, “the last year will soon become a distant memory,” says the firm, which is “willing to believe that the investments it’s making will pay off.”