Dollar Tree (DLTR) Will Outpace Wal-Mart (WMT), Says Goldman

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Ahead of Dollar Tree's (NASDAQ: DLTR) Q4 earnings report tomorrow, analyst at Goldman Sachs maintained a Conviction Buy on the stock with a price target of $51.

"Despite a rally last week on the heels of Wal-Mart Stores's (NYSE: WMT) earnings release, we maintain our CL-Buy into the print and would view any near-term weakness associated with choppier trends in 1QTD as an even better entry point," said analyst Stephen Grambling.

"On a relative basis, DLTR trades close to parity with WMT yet has generated better top- and bottom-line growth since the end of the last recession and we expect it to continue to outpace WMT going forward," added the analyst.

For an analyst ratings summary and ratings history on Dollar Tree (NASDAQ: DLTR) click here. For more ratings news on Dollar Tree click here.

Shares of Dollar Tree closed at $40.82 yesterday, with a 52 week range of $37.12-$113.63.

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