Truist Securities Maintains Buy on Dollar Tree, Lowers Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Scot Ciccarelli has maintained a 'Buy' rating on Dollar Tree (NASDAQ:DLTR) but lowered the price target from $170 to $160.

August 25, 2023 | 4:00 pm
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Dollar Tree's price target has been lowered from $170 to $160 by Truist Securities, though the 'Buy' rating is maintained.
The lowering of the price target by Truist Securities could potentially create a negative sentiment among investors, which might put downward pressure on the stock price in the short term. However, the maintained 'Buy' rating indicates that the analyst still sees potential upside in the stock, which could offset the negative impact of the lowered price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100