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Fly News Breaks for December 14, 2018
DLTR
Dec 14, 2018 | 06:38 EDT
Bernstein analyst Brandon Fletcher upgraded Dollar Tree to Outperform from Market Perform. In a research note to investors, Fletcher says that while he still wants to see activism, he thinks management has done "enough" at the current valuation to make the grade. Fletcher thinks the narrative could be reframed, and that management has finally accepted enough responsibility for doing the harder work on Family Dollar that it will be worth something.
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