Dollar General (DG) 'Has Hit a Wall' - Loop Capital
Loop Capital analyst Anthony Chukumba reiterated a Hold rating and $105.00 price target on Dollar General (NYSE: DG) saying Q4 results indicated the company "has hit a wall."
"While Dollar General remains one of the best-run retailers we cover, it is becoming increasingly clear to us the company has "hit the wall" in terms of driving additional operating profit dollar per square foot improvements," the analyst commented.
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Shares of Dollar General closed at $120.68 yesterday.