Breaking News Instant updates and real-time market news.

DLTR

Dollar Tree

$86.36

-1.48 (-1.68%)

12:52
11/10/18
11/10
12:52
11/10/18
12:52

Dollar Tree stock a 'bargain,' Barron's says

Dollar Tree has successfully dangled deals in front of consumers for years, but its "magic touch" has faded this year, putting the company's stock in the bargain bin, Avi Salzman writes in this week's edition of Barron's. Dollar Tree's woes stem from its decision to buy Family Dollar three years ago, with its results deteriorating since and investors punishing the stock, the publication notes. Reference Link

DLTR Dollar Tree
$86.36

-1.48 (-1.68%)

10/16/18
LOOP
10/16/18
NO CHANGE
Target $107
LOOP
Buy
Reported Icahn stake in Dollar Tree a positive development, says Loop Capital
Loop Capital analyst Anthony Chukumba views the New York Post's report of Carl Icahn taking a "significant" stake in Dollar Tree (DLTR) as "unsurprising" and a "positive development." Icahn previously acquired a stake in Family Dollar, pressured management to seek a buyer, and reportedly made a $200M profit on his investment when the company was acquired by Dollar Tree in 2015 for $8.5B, Chukumba tells investors in a research note. The analyst believes it was just a matter of time before an activist became involved given the Family Dollar segment's continued struggles while the core Dollar Tree segment "remains one of the best performers in deep discount retailing." He thinks Icahn is likely to pressure Dollar Tree management to quickly improve the performance of Family Dollar significantly or sell the division. There would be several interested parties if Dollar Tree put Family Dollar on the block, including Dollar General (DG), Amazon.com (AMZN) and private equity firms, Chukumba predicts. He reiterates a Buy rating on Dollar Tree shares with a $107 price target. The stock in afternoon trading is up 6.5%, or $5.23, to $86.20 following the New York Post's report.
10/16/18
BUCK
10/16/18
NO CHANGE
Target $92
BUCK
Neutral
Buckingham reiterates Neutral on Dollar Tree as potential activism heightens
Buckingham analyst Bob Summers reiterates a Neutral rating and $92 price target on Dollar Tree shares as speculation surrounding potential activism heightens as an unconfirmed NY Post article claims Carl Icahn has established a position in the name. The NY Post article represents the pinnacle of the "activism" discussions recently surrounding the stock, the analyst notes, highlighting that that he has no direct or indirect knowledge of Carl Icahn building a position. Nonetheless, if he had to hypothesize about potential suggestions made to management, it would include spinning Family Dollar, aggressively purge the under-performing stores, and accelerate annual renovations. While there very well may be a consensus on how to go about improving the store base, Summers believes management does not have the same sense of panic or urgency.
10/17/18
KEYB
10/17/18
NO CHANGE
Target $108
KEYB
Overweight
Dollar Tree price target lowered to $108 from $115 at KeyBanc
KeyBanc analyst Bradley Thomas lowered his price target for Dollar Tree to $108 from $115, while reiterating an Overweight rating on the stock. The analyst notes that the NY Post reported that Carl Icahn is building a stake in Dollar Tree, and argues that an activist stake raises potential for a Family Dollar divestiture. Overall, Thomas believes Family Dollar trends may still be challenged and sees China tariffs as a threat to 2019 margins, but things a good degree of these risks are priced in at current levels.
10/17/18
WELS
10/17/18
NO CHANGE
Target $104
WELS
Outperform
Survey shows pressing need of ramp investment or sell Family Dollar, says Wells Fargo
Wells Fargo analyst Edward Kelly notes The New York Post reported that Carl Icahn is building a significant stake in Dollar Tree (DLTR), which could be clear opportunity to unlock value. The analyst believes Dollar Tree remains materially undervalued, but is in desperate need of change. Family Dollar looks to be suffering from underinvestment and execution issues, and his new proprietary work suggests there is a pressing need to either ramp investment to better compete with Dollar General (DG) or sell. The analyst argues that the core is a good business, but breaking the buck represents a compelling opportunity to extend growth and enhance profitability. He reiterates an Outperform rating and $104 price target on Dollar Tree's shares.

TODAY'S FREE FLY STORIES

MMTOF

Mitsubishi Motors

$0.00

(0.00%)

06:23
11/16/18
11/16
06:23
11/16/18
06:23
Upgrade
Mitsubishi Motors rating change  »

Mitsubishi Motors…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

FB

Facebook

$143.86

-0.39 (-0.27%)

, PUBGY

Publicis

$0.00

(0.00%)

06:22
11/16/18
11/16
06:22
11/16/18
06:22
Periodicals
Facebook lack of morals drawing ire from advertisers, New York Times reports »

Facebook (FB) is coming…

FB

Facebook

$143.86

-0.39 (-0.27%)

PUBGY

Publicis

$0.00

(0.00%)

WPP

WPP

$55.45

-0.65 (-1.16%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 28

    Nov

EVKIF

Evonik

$0.00

(0.00%)

06:20
11/16/18
11/16
06:20
11/16/18
06:20
Downgrade
Evonik rating change  »

Evonik downgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

VLKAY

Volkswagen

$0.00

(0.00%)

06:16
11/16/18
11/16
06:16
11/16/18
06:16
Periodicals
Volkswagen CEO to assume responsibility for China business, Reuters reports »

Volkswagen CEO Herbert…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

NVDA

Nvidia

$202.65

5.43 (2.75%)

06:13
11/16/18
11/16
06:13
11/16/18
06:13
Recommendations
Nvidia analyst commentary  »

Nvidia price target cut…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 19

    Nov

  • 26

    Nov

  • 10

    Dec

YEXT

Yext

$17.44

0.35 (2.05%)

06:08
11/16/18
11/16
06:08
11/16/18
06:08
Initiation
Yext initiated  »

Yext initiated with a Buy…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 29

    Nov

PLUS

ePlus

06:07
11/16/18
11/16
06:07
11/16/18
06:07
Initiation
ePlus initiated  »

ePlus initiated with a…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

ENR

Energizer

$51.44

-4.51 (-8.06%)

06:07
11/16/18
11/16
06:07
11/16/18
06:07
Downgrade
Energizer rating change  »

Energizer downgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

FB

Facebook

$143.86

-0.39 (-0.27%)

06:06
11/16/18
11/16
06:06
11/16/18
06:06
Periodicals
Zuckerberg says he's still the best person to run Facebook, BI reports »

CEO Mark Zuckerberg…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 28

    Nov

TKPYY

Takeda Pharmaceutical

$0.00

(0.00%)

, SHPG

Shire

$178.98

-1.15 (-0.64%)

06:06
11/16/18
11/16
06:06
11/16/18
06:06
Periodicals
Takeda dissident shareholders make final push to stop Shire deal, FT reports »

A dissident group of…

TKPYY

Takeda Pharmaceutical

$0.00

(0.00%)

SHPG

Shire

$178.98

-1.15 (-0.64%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 02

    Dec

  • 21

    Dec

SBRA

Sabra Health Care

$19.12

-0.52 (-2.65%)

06:06
11/16/18
11/16
06:06
11/16/18
06:06
Downgrade
Sabra Health Care rating change  »

Sabra Health Care…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

OHI

Omega Healthcare

$34.34

-0.13 (-0.38%)

06:05
11/16/18
11/16
06:05
11/16/18
06:05
Upgrade
Omega Healthcare rating change  »

Omega Healthcare upgraded…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

DSW

DSW

$25.39

-0.4 (-1.55%)

06:05
11/16/18
11/16
06:05
11/16/18
06:05
Upgrade
DSW rating change  »

DSW upgraded to Neutral…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

BPMX

BioPharmX

$0.18

-0.0032 (-1.77%)

06:05
11/16/18
11/16
06:05
11/16/18
06:05
Hot Stocks
BioPharmX announces NYSE acceptance of plan to regain compliance »

BioPharmX announced that…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

NVDA

Nvidia

$202.65

5.43 (2.75%)

06:05
11/16/18
11/16
06:05
11/16/18
06:05
Downgrade
Nvidia rating change  »

Nvidia downgraded to Buy…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 19

    Nov

  • 26

    Nov

  • 10

    Dec

PBA

Pembina Pipeline

06:04
11/16/18
11/16
06:04
11/16/18
06:04
Upgrade
Pembina Pipeline rating change  »

Pembina Pipeline upgraded…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

EOG

EOG Resources

06:04
11/16/18
11/16
06:04
11/16/18
06:04
Upgrade
EOG Resources rating change  »

EOG Resources upgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

AFI

Armstrong Flooring

$16.66

1.85 (12.49%)

06:03
11/16/18
11/16
06:03
11/16/18
06:03
Upgrade
Armstrong Flooring rating change  »

Armstrong Flooring…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

LGF.A

Lionsgate

$20.52

0.595 (2.99%)

05:59
11/16/18
11/16
05:59
11/16/18
05:59
Upgrade
Lionsgate rating change  »

Lionsgate upgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

LUV

Southwest

$53.23

0.75 (1.43%)

, BA

Boeing

$341.57

-3.06 (-0.89%)

05:59
11/16/18
11/16
05:59
11/16/18
05:59
Periodicals
Southwest replaced 2 flight-control sensors before Lion Air crash, WSJ reports »

During the three weeks…

LUV

Southwest

$53.23

0.75 (1.43%)

BA

Boeing

$341.57

-3.06 (-0.89%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

VLKAY

Volkswagen

$0.00

(0.00%)

05:56
11/16/18
11/16
05:56
11/16/18
05:56
Periodicals
Volkswagen board to vote on multi-billion euro investment plan, Reuters reports »

Volkswagen's…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

NVDA

Nvidia

$202.65

5.43 (2.75%)

05:51
11/16/18
11/16
05:51
11/16/18
05:51
Recommendations
Nvidia analyst commentary  »

Nvidia 'kitchen…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 19

    Nov

  • 26

    Nov

  • 10

    Dec

EQH

AXA Equitable

$20.40

-0.49 (-2.35%)

05:51
11/16/18
11/16
05:51
11/16/18
05:51
Syndicate
AXA Equitable 60M share Secondary priced at $20.25 »

The deal size was…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 28

    Nov

  • 16

    Nov

RWLK

ReWalk Robotics

$0.44

-0.1116 (-20.24%)

05:50
11/16/18
11/16
05:50
11/16/18
05:50
Syndicate
ReWalk Robotics raises $11.6M in a public offering »

ReWalk Robotics announced…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SNE

Sony

$51.61

0.46 (0.90%)

05:49
11/16/18
11/16
05:49
11/16/18
05:49
Hot Stocks
Sony says has sold 86.1M PS4 units since debut 5 years ago »

Sony says in a blog post…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.