BMO Capital analyst Kelly Bania keeps a Market Perform rating and $130 price target on Dollar General after its Q3 results, as the company’s FY24 guidance was reiterated and its outlook showed 2024 store growth slowing. The firm sees the current valuation on the stock as fair and does not believe that the quarter marks an “all clear” for the company as headwinds remain and the comp outlook is still pressured in 2024, the analyst tells investors in a research note.
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