Truist Securities Maintains Buy on Dollar Tree, Lowers Price Target to $128
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Scot Ciccarelli maintains a 'Buy' rating on Dollar Tree (NASDAQ:DLTR) but has lowered the price target from $160 to $128.
October 05, 2023 | 12:56 pm
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NEUTRAL IMPACT
Dollar Tree's price target has been lowered from $160 to $128 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. However, the maintained 'Buy' rating indicates that the analyst still sees potential upside, which could counterbalance the negative sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100