Barclays lowered the firm’s price target on Dollar Tree to $128 from $138 and keeps an Equal Weight rating on the shares. The analyst came away from the company’s Q2 report more confident in its sales momentum and market share improvement. However, the firm questions Dollar Tree’s path to near-term earnings upside, which it says is probably needed for the stock, as embedded assumptions for Q4 and consensus for fiscal 2024 “seem aggressive.”
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Read More on DLTR:
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