Information Provided By:
Fly News Breaks for January 13, 2017
DG
Jan 13, 2017 | 09:13 EDT
As previously reported, BofA/Merrill downgraded Dollar General to Neutral from Buy and lowered its price target to $81 from $87. Analyst Denise Chai said higher gas prices and increased risk appetite into more cyclical retail stocks could weigh on the dollar store sector.
News For DG From the Last 2 Days
DG
Mar 28, 2024 | 09:25 EDT
Argus raised the firm's price target on Dollar General to $175 from $160 and keeps a Buy rating on the shares. The firm cites the company's Q4 earnings beat earlier this month, along with its strong record of growing comparable sales. Dollar Genera is currently facing a more difficult operating environment than anticipated, but Argus is optimistic about the company's prospects with returning CEO Todd Vasos, the analyst tells investors in a research note.