Nomura Securities Maintains a 'Buy' on Dollar Tree (DLTR); Look Into Distribution Cost

Nomura Securities maintains a 'Buy' on Dollar Tree (NASDAQ: DLTR) price target of $100.00.

Analyst, Aram Rubinson, said, "The Street saw sourcing as the greatest challenge to DLTR’s margin formula in 2011. This year, the 2.6% of sales spent on warehousing & distribution (W+D) has drawn more scrutiny, along with ocean freight. Our analysis suggests that DLTR’s W+D costs will likely rise by only 6bps this year, as a percentage of sales. Higher utilization rates on its DCs should prove an ally in partially offsetting diesel."

For an analyst ratings summary and ratings history on Dollar Tree click here. For more ratings news on Dollar Tree click here.

Shares of Dollar Tree closed at $98.54 yesterday.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Citi Upgrades United Microelectronics Corp (2303:TT) (UMC) to Buy 'with limited downside'
• Ameriprise Financial (AMP) PT Raised to $445 at Morgan Stanley
• Amphenol (APH) PT Raised to $130 at Evercore ISI, Remains Top Pick