Dollar General takes the battle to Wal-Mart with price cuts
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Jefferies Cuts Price Target on Dollar General (DG) to $78 Following 2Q Report
August 26, 2016 10:04 AM EDTJefferies 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
August 26, 2016 8:25 AM EDTUBS 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
August 26, 2016 8:18 AM EDTPiper 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
August 26, 2016 8:07 AM EDTUBS 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
