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Fly News Breaks for March 15, 2019
DG
Mar 15, 2019 | 09:31 EDT
BMO Capital analyst Kelly Bania raised her price target on Dollar General to $133, saying that while Q4 earnings missed consensus, the quarter was impacted by "proactive gross margin investments in promotional activity" while the 2019 outlook was "pressured by a transformation of the supply chain to accommodate and improve supply chain efficiencies." The analyst is keeping her Outperform rating and believes that these initiatives should position the company to outperform its peers and generate comps upside in 2019.
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