Deutsche Bank analyst Krisztina Katai lowered the firm’s price target on Dollar General to $276 from $293 and keeps a Buy rating on the shares. The analyst says that while she is "disappointed" with the company’s; Q3 results, the print overall supported the narrative that dollar stores remain well positioned in the current environment. The issues weighing on gross margin seem transitory in nature, says the analyst.
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Published first on TheFly
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