Dollar Tree price target lowered to $105 from $112 at BofA
The Fly

Dollar Tree price target lowered to $105 from $112 at BofA

BofA analyst Robert Ohmes lowered the firm’s price target on Dollar Tree to $105 from $112 and keeps an Underperform rating on the shares. The firm lowered its multiple given continued expense and competitive risks and a slight deceleration in sales trends, the analyst tells investors in a note recapping credit and debit card data through September 17 for the food and discount retail group.

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