Dollar Tree Analysts Slash Their Forecasts After Q2 Results
Portfolio Pulse from Lisa Levin
Dollar Tree Inc (NASDAQ:DLTR) reported better-than-expected Q2 earnings and sales, leading to a 1.6% increase in its share price. However, several analysts, including those from Telsey Advisory Group, Goldman Sachs, Deutsche Bank, Barclays, and Citigroup, have lowered their price targets for the company.
August 25, 2023 | 2:58 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Despite better-than-expected Q2 results, Dollar Tree's price targets have been lowered by several analysts, which could impact investor sentiment.
Dollar Tree's Q2 results were better than expected, which led to a 1.6% increase in its share price. However, several analysts have lowered their price targets for the company, which could lead to a mixed reaction from investors. While the strong results could boost confidence, the lowered price targets could also cause some concern.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100