MoffettNathanson Downgrades Dollar General (DG) to Sell (Earlier)
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MoffettNathanson downgraded Dollar General (NYSE: DG) from Neutral to Sell.
Analyst Greg Melich cited risks they outlined in their Amazon Prime survey report. Melich believes that gross and operating margins are due for a significant step-down during the fight for relevance in the multichannel transformation.
Shares of Dollar General closed at $93.52 yesterday.
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