Loop Capital Downgrades Dollar Gen to Hold, Lowers Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Anthony Chukumba has downgraded Dollar Gen (NYSE:DG) from Buy to Hold and lowered the price target from $200 to $140.
September 01, 2023 | 9:20 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Dollar Gen's stock rating has been downgraded from Buy to Hold by Loop Capital, with a lowered price target of $140.
The downgrade from Buy to Hold indicates a less optimistic outlook for the company's stock, which could lead to a decrease in demand and potentially a drop in the stock price. The lowered price target also suggests that the analyst believes the stock is currently overvalued, which could further discourage investment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100