Telsey Advisory Group Maintains Outperform on Dollar Tree, Lowers Price Target to $160
Portfolio Pulse from richadhand@benzinga.com
Telsey Advisory Group analyst Joseph Feldman has maintained an 'Outperform' rating on Dollar Tree (NASDAQ:DLTR) but lowered the price target from $162 to $160.
August 25, 2023 | 6:57 am
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Dollar Tree's price target has been lowered from $162 to $160 by Telsey Advisory Group, though the 'Outperform' rating is maintained.
The lowering of the price target could potentially have a negative impact on the stock price in the short term. However, the maintained 'Outperform' rating indicates that the analyst still sees potential for the stock to perform well, which could offset any negative impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100