Dollar General says consumer spending to be pressured through 2024
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Dollar General (DG) PT Lowered to $155 at Guggenheim
May 31, 2024 6:24 AM EDTGuggenheim analyst John Heinbockel lowered the price target on Dollar General (NYSE: DG) to $155.00 (from $165.00) while maintaining a Buy rating.
The analyst comments "The shares 8.1% decline (versus S&P 0.6% decline) on a solid 1Q beat reflected a meaningfully below-consensus 2Q guide, which... More
Dollar General (DG) PT Raised to $158 at Deutsche Bank
May 31, 2024 5:12 AM EDTDeutsche Bank analyst Paul Trussell raised the price target on Dollar General (NYSE: DG) to $158.00 (from $157.00) while maintaining a Buy rating.
The analyst comments "While 1Q results showed that DG is making progress on its Back to Basics plan, the better-than-expected SSS trends (third consecutive quarter of positive traffic; consumables SSS in line... More
Dollar General (DG) PT Lowered to $150 at Evercore ISI
May 31, 2024 4:51 AM EDTEvercore ISI analyst M. Michael Montani lowered the price target on Dollar General (NYSE: DG) to $150.00 (from $155.00) while maintaining a In Line rating.
The analyst comments "DG is driving trade in and out comping the U.S. grocery industry with 4% traffic a key... More
Dollar General (DG) PT Lowered to $137 at JPMorgan
May 30, 2024 4:10 PM EDTJPMorgan analyst Matthew Boss lowered the price target on Dollar General (NYSE: DG) to $137.00 (from $161.00) while maintaining a Neutral rating.
The analyst comments "We rate DG Neutral as we see sequential top-line improvement in FY24 supported by managements key initiatives around instocks, store... More
Dollar General (DG) PT Lowered to $160 at Jefferies
May 30, 2024 2:18 PM EDTJefferies analyst Corey Tarlowe lowered the price target on Dollar General (NYSE: DG) to $160.00 (from $175.00) while maintaining a Buy rating.
The analyst comments "Traffic drove the strong comp beat relative to guidance and cons expectations. Consumables led category sales growth with gains... More
