Citi lowered the firm’s price target on Dollar Tree to $163 from $167 and keeps a Buy rating on the shares post the “solid” Q2 report. The analyst believes Dollar Tree is taking share and that some of the margin pressures it is experiencing should abate in fiscal 2024. The firm views the post-earnings selloff as a buying opportunity.
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Read More on DLTR:
- Dollar Tree price target lowered to $128 from $138 at Barclays
- Dollar Tree price target lowered to $162 from $172 at Deutsche Bank
- Dollar Tree price target lowered to $150 from $158 at Goldman Sachs
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