Dollar General takes the battle to Wal-Mart with price cuts

Jefferies Cuts Price Target on Dollar General (DG) to $78 Following 2Q Report

Jefferies maintained a Hold rating on Dollar General (NYSE: DG), and cut the price target to $78.00 (from $96.00), following the company's 2Q earnings report. Same store sales increased 0.7%, short of the Street's expectation for +2.7%. EPS of $1.08 was a penny short of Street expectation.

Analyst... More

UBS Cuts Price Target on Dollar Tree (DLTR) to $100; Reiterates Buy

UBS maintained a Buy rating on Dollar Tree (NASDAQ: DLTR), and cut the price target to $100.00 (from $108.00), following the company's 2Q earnings report.

Analyst Michael Lasser commented, "Its easy to take the view that WMT is becoming trouble for the dollar stores.... More

Piper Jaffray Remains Sidelined on Dollar Tree (DLTR) Following 2Q Comp Miss

Piper Jaffray maintained a Neutral rating on Dollar Tree (NASDAQ: DLTR), and cut the price target to $85.00 (from $87.00), following the company's 2Q earnings report. DLTR missed comps with 1.2% coming in below 2.5% estimates. Management noted cannibalization from the Deal$ and FDO store re-bannering to DLTR was a -80 bps headwind to comp.... More

UBS Cuts Price Target on Dollar General (DG) to $91; Reiterates Buy

UBS maintained a Buy rating on Dollar General (NYSE: DG), and cut the price target to $92.00 (from $101.00), following the company's 2Q earnings report.

Analyst Michael Lasser commented, "While it was convenient for the market to try and pin DGs slower SSS... More