Dollar General (DG) PT Raised to $285 at Jefferies

Jefferies analyst Corey Tarlowe raised the price target on Dollar General (NYSE: DG) to $285.00 (from $265.00) while maintaining a Buy rating.

The analyst commented, "March's data was a mixed bag for the Value Retail space, but a stabilizing foot traffic trend is a positive sign. Additionally, we dive into the health of the low-income consumer through the lens of inflation, wages, and consumer spending data as well as recent commentary from companies in the Value Retail space. Based on positive data and our recent meeting with management, we are raising our PT on DG to $285."

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