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Fly News Breaks for June 5, 2018
DG, DLTR
Jun 5, 2018 | 07:51 EDT
Oppenheimer analyst Rupesh Parikh lowered his price target for Dollar Tree (DLTR) to $92 from $108 following a softer Q1 report even considering weather challenges. We continue to prefer Dollar General (DG) versus Dollar Tree given ongoing challenges at Family Dollar. The latter's shares are more appropriate for investors with a long-term horizon, he contends. Parikh reiterates an Outperform rating on Dollar Tree's shares.
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