UBS analyst Michael Lasser raised the firm’s price target on Dollar General (DG) to $120 from $95 and keeps a Buy rating on the shares. UBS thinks the backdrop is finally becoming more favorable for the dollar store industry, with Q1 earnings expected to provide early proof points of this, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DG:
- Gas Giant Walmart Building More Fueling Stations to Offset Tariffs
- Dollar General price target raised to $100 from $85 at Telsey Advisory
- Bank of America Puts New Street-High Price Target on Dollar General (NYSE:DG) Stock
- Dollar General price target raised to $115 from $100 at BofA
- Dollar General price target raised to $120 from $105 at Bernstein