Dollar chains expect robust demand as shoppers brace for recession
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Dollar General (DG) PT Raised to $210 at Raymond James
May 29, 2020 7:52 AM EDTRaymond James analyst Bobby Griffin raised the price target on Dollar General (NYSE: DG) to $210.00 (from $205.00) while maintaining a Strong Buy rating following the company's 1Q earnings report. Sales increased 27.6% y/y to $8,448M, above the $7,581M consensus .EPS was $2.56, above the consensus $1.75 estimate.... More
Dollar Tree (DLTR) PT Raised to $100 at BofA Securities Following 1Q
May 29, 2020 7:27 AM EDTBofA Securities analyst Robert Ohmes raised the price target on Dollar Tree (NASDAQ: DLTR) to $100.00 (from $86.00) while maintaining a Neutral rating following the company's 1Q earnings report. 1Q EPS of $1.04 was above $0.90 estimates. EBIT margins of 5.8% (vs. 6.6% LY) reflected headwinds from $73.2mn incremental... More
