Dollar Tree sales beat estimates after Family Dollar deal

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Dollar Tree (DLTR) PT Bumped Higher at Piper Jaffray, Remains Sidelined

November 25, 2015 9:12 AM EST

Piper Jaffray analyst, Peter Keith, raised his PT on Dollar Tree (NASDAQ: DLTR) to $73 (from $70) after Q3 results on a change of his price target methodology. Far from being a perfect quarter, results weren't as bad as feared.and a shift to EBITDA valuation rather than EPS valuation. The firm maintained a Neutral rating.

EPS & EBITDA Miss Estimates. Adjusted EPS of $0.49 missed... More