UBS lowered the firm’s price target on Dollar Tree to $170 from $177 and keeps a Buy rating on the shares. The inconsistency of Dollar Tree’s performance over the last several years has obscured the intrinsic value of this business, but UBS think the company is taking the appropriate steps to unlock this value, the analyst tells investors in a research note. As the company further executes on these steps, it could provide a catalyst path to unlock the value potential of the stock, UBS argues.
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