Truist raised the firm’s price target on Dollar Tree (DLTR) to $84 from $76 and keeps a Buy rating on the shares after its Q4 earnings beat. The company’s Family Dollar sale is a “win” and its sales momentum is “solid”, the analyst tells investors in a research note. Truist adds that while it sees some near-term profit headwinds, big picture on the stock is still “positive”.
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Read More on DLTR:
- Dollar Tree price target lowered to $78 from $88 at JPMorgan
- Dollar Tree’s Family Dollar sale a ‘game-changer’, says Loop Capital
- Dollar Tree’s Strategic Shift Amid Tariff and Supply Chain Challenges Justifies Hold Rating
- Dollar Tree’s Financial Outlook: Hold Rating Amid Uncertain Margin Recovery and Strategic Challenges
- Dollar Tree’s Strategic Shift and Earnings Overview
