BMO Capital analyst Kelly Bania lowered the firm’s price target on Dollar Tree to $145 from $150 and keeps an Outperform rating on the shares. The company’s Q1 results were in line with estimates, though the stock was likely pressured due to the weaker-than-expected Dollar Tree banner comps, the analyst tells investors in a research note. The firm is also reducing its FY25 EPS view to $6.65 from $6.94 to reflect the tornado-damaged Marietta distribution center costs and more conservative assumed comps for the company.
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