BMO Capital analyst Kelly Bania lowered the firm’s price target on Dollar General to $255 from $265 and keeps a Market Perform rating on the shares. The analyst cites the company’s "rare miss" in cutting her price target but also expects the factors weighing on performance in the second half of the year to be "transitory and recaptured next year". Bania maintains her view that Dollar General clearly continues to capture wallet share with the price-sensitive consumer, which should support continued traffic momentum.
Published first on TheFly
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