Dollar Tree price target lowered to $81 from $128 at Barclays

Barclays analyst Seth Sigman lowered the firm’s price target on Dollar Tree to $81 from $128 and keeps an Equal Weight rating on the shares. The firm says Dollar Tree’s Q2 was disappointing, largely reflecting weaker sales as seen with other dollar store chains. The outlook was revised to reflect the sales shortfall, along with some other incremental pressures, some of which seem transitory, Barclays adds.