HSBC Initiates Coverage On Dollar Gen with Reduce Rating, Announces Price Target of $102
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Daniela Bretthauer initiates coverage on Dollar General (NYSE:DG) with a Reduce rating and a price target of $102.
September 22, 2023 | 11:00 am
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HSBC has initiated coverage on Dollar General with a Reduce rating and a price target of $102.
HSBC's Reduce rating suggests that they expect Dollar General's stock price to decrease in the short term. The price target of $102 also indicates that HSBC believes the stock is currently overvalued. This could lead to a decrease in Dollar General's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100