Evercore ISI analyst Michael Montani raised the firm’s price target on Dollar General (DG) to $96 from $95 and keeps an In Line rating on the shares, stating that Dollar General’s results show the challenge of navigating a pressured low end consumer backdrop coupled with rising competition from Walmart (WMT) to Amazon (AMZN) and more. With the earnings catalyst having played out and the stock at $79, the firm is removing its negative near term tactical trading call and took the stock off the firm’s “Tactical Underperform” list.
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