Morgan Stanley Maintains Equal-Weight on Dollar Gen, Lowers Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simeon Gutman has maintained an Equal-Weight rating on Dollar General (NYSE:DG) but lowered the price target from $180 to $135.
September 01, 2023 | 2:29 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Dollar General but lowered the price target from $180 to $135, which could impact the stock's performance.
The lowering of the price target by a prominent analyst like Simeon Gutman from Morgan Stanley could lead to a negative sentiment among investors, potentially causing a short-term decrease in Dollar General's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100