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Fly News Breaks for June 21, 2019
DLTR
Jun 21, 2019 | 08:18 EDT
Credit Suisse analyst Judah Frommer raised his price target for Dollar Tree to $122 from $112 and maintained an Outperform rating after hosting tours with VP of Investor Relations Randy Guiler. Frommer tells investors in a research note that while he did not get full clarification around earnings growth guidance of 14%-18% in 2020, he says management "feels as good or better" now about the trajectory of the business as it did when the guidance was given.
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