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Fly News Breaks for March 26, 2018
DLTR
Mar 26, 2018 | 05:05 EDT
Piper Jaffray analyst Peter Keith upgraded Dollar Tree Stores to Overweight and raised his price target for the shares to $112 from $102. The analyst believes the company is making "sensible investments" with Family Dollar to drive comp growth improvement into 2019. He thinks the current valuation suggests reduced expectations and notes the recent debt upgrade likely sets the stage for debt refinance.
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