Dollar Tree added to ‘Tactical Outperform’ list at Evercore ISI

Evercore ISI is initiating a “positive Tactical Trading Call” on Dollar Tree ahead of the company’s March earnings release and adding the stock to the firm’s “Tactical Outperform” list. The firm sees Dollar Tree posting “solid holiday sales” along with Q4 EPS at or above Street estimates and constructive guidance that “blesses the Street’s $7 CY24 estimate” and “encourages the $10+ ’26 objective established last June,” the analyst tells investors in a research note. Evercore keeps an In Line rating and $155 price target on Dollar Tree shares.