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Dollar General price target raised to $105 from $100 at Guggenheim

Guggenheim raised the firm’s price target on Dollar General (DG) to $105 from $100 and keeps a Buy rating on the shares. The firm, which is increasing Q1 forecasts to reflect “solid third-party data,” believes that with “a mere 18% discretionary sales penetration” and estimated 6%-8% China exposure, increased tariffs’ direct impact “seems manageable” for Dollar General.

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