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Dollar Tree price target lowered to $150 from $170 at Guggenheim

Guggenheim lowered the firm’s price target on Dollar Tree to $150 from $170 and keeps a Buy rating on the shares. The maturation of Dollar Tree’s mutiprice point strategy, as well as easing shrink/mix pressures, should drive a re-acceleration in comp and EBIT momentum through year-end, the analyst tells investors in a research note.

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