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Fly News Breaks for December 10, 2015
DLTR
Dec 10, 2015 | 07:57 EDT
Morgan Stanley analyst Vincent Sinisi remains cautious on Dollar Tree given uncertain earnings power at Family Dollar and lack of margin stabilization. Sinisi sees further potential headwinds from Family Dollar real estate and a low-end constrained consumer. The analyst remains Underweight rated with a $65 price target on shares given an uncertain turnaround path and a multiple that is pricing in deal upside to estimates.
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