Dollar Tree (DLTR) sinks 10% after projecting lower-than-expected Q3 profit

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Go back to Dollar Tree (DLTR) sinks 10% after projecting lower-than-expected Q3 profit

Dollar Tree (DLTR) PT Lowered to $155 at Guggenheim

August 25, 2023 7:13 AM EDT

Guggenheim analyst John Heinbockel lowered the price target on Dollar Tree (NASDAQ: DLTR) to $155.00 (from $165.00) while maintaining a Buy rating.

The analyst commented, "Somewhat surprisingly, merely in-line 2Q operating results and re-affirmed 2023 EPS guidance was met with a 13% sell-off, far... More