Dollar Tree price target raised to $82 from $70 at JPMorgan

JPMorgan raised the firm’s price target on Dollar Tree (DLTR) to $82 from $70 and keeps a Neutral rating on the shares. The company announced a CEO change and reiterated its commitment to completing the formal review of strategic alternatives for Family Dollar and the Q3 guidance outlook across all line-items, the analyst tells investors in a research note.