Dollar Tree price target lowered to $81 from $128 at Barclays

Barclays lowered the firm’s price target on Dollar Tree to $81 from $128 and keeps an Equal Weight rating on the shares. The company’s Q2 report was disappointing, largely reflecting weaker sales as seen with other dollar store chains, the analyst tells investors in a research note. The firm says the outlook was revised to reflect the sales shortfall, along with some other incremental pressures, some of which seem transitory.