Deutsche Bank Reiterates Hold Rating & $72 PT on Dollar General (DG) Following 2Q Report; 'Solid SSS, But Lack of Flow-Through Keeps Us Sidelined'
Deutsche Bank reiterates Hold rating and $79 price target on Dollar General (NYSE: DG), following the company's second quarter earnings report.
Analyst Paul Trussell notes the company delivered second quarter earnings per share and revenue results above consensus projections fueled by a same-store-sales positive surprise of 2.6%, while the upside has not yet pushed through to the bottom-line, despite improvements to average transactions and traffic.
For an analyst ratings summary and ratings history on Dollar General click here. For more ratings news on Dollar General click here.
Shares of Dollar General closed at $76.73 yesterday.
