Morgan Stanley Downgrades Dollar Gen to Equal-Weight, Lowers Price Target to $180
Portfolio Pulse from richadhand@benzinga.com
Morgan Stanley analyst Simeon Gutman downgraded Dollar General (NYSE:DG) from Overweight to Equal-Weight and lowered the price target from $235 to $180.
June 05, 2023 | 9:11 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Dollar General downgraded to Equal-Weight by Morgan Stanley, with a lowered price target of $180.
Morgan Stanley's downgrade of Dollar General from Overweight to Equal-Weight and the lowering of the price target from $235 to $180 indicates a less optimistic outlook for the stock. This could lead to a short-term negative impact on the stock price as investors may adjust their positions based on the new rating and price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100