Telsey Advisory Group Downgrades Dollar Gen to Market Perform, Lowers Price Target to $145
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Joseph Feldman has downgraded Dollar Gen (NYSE:DG) from Outperform to Market Perform and lowered the price target from $185 to $145.
September 01, 2023 | 8:08 am
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Dollar Gen has been downgraded by Telsey Advisory Group from Outperform to Market Perform. The price target has also been lowered from $185 to $145.
The downgrade from Outperform to Market Perform by Telsey Advisory Group indicates a less optimistic outlook for Dollar Gen. The lowering of the price target from $185 to $145 also suggests that the analyst believes the stock is overvalued at current levels. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100