Dollar General price target raised to $140 from $135 at Loop Capital

Loop Capital raised the firm’s price target on Dollar General (DG) to $140 from $135 and keeps a Hold rating on the shares. The firm’s recent call with its senior management has left it incrementally more positive on the company’s “burgeoning turnaround” and more confident in the belief that Walmart’s (WMT) recent outperformance has not come at the expense of the dollar stores, the analyst tells investors in a research note.