Dollar Tree's Strategic Plan To Propel Annual EPS Growth: Analyst Predicts Bright Future
Portfolio Pulse from Shivani Kumaresan
Telsey Advisory Group analyst Joseph Feldman reiterated an Outperform rating on Dollar Tree Inc (NASDAQ:DLTR) with a price target of $162. The company's strategic plan includes opening new stores, enhancing merchandising, and modernizing its IT infrastructure, which is expected to result in annual EPS growth of mid-to-high teens, reaching 2026 EPS of $10+.

June 22, 2023 | 6:40 pm
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Dollar Tree's strategic plan is expected to drive sales, profit growth, and market share, resulting in annual EPS growth of mid-to-high teens, reaching 2026 EPS of $10+.
The analyst's Outperform rating and price target of $162 indicate a positive outlook for Dollar Tree. The company's strategic plan, which includes opening new stores, enhancing merchandising, and modernizing its IT infrastructure, is expected to drive sales, profit growth, and market share. This should result in annual EPS growth of mid-to-high teens, reaching 2026 EPS of $10+, making it a potentially attractive investment.
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