Telsey Advisory Group Maintains Market Perform on Dollar Gen, Lowers Price Target to $124
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Joseph Feldman maintains a 'Market Perform' rating on Dollar General (NYSE:DG) but has lowered the price target from $145 to $124.
October 13, 2023 | 9:10 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Dollar General's price target has been lowered from $145 to $124 by Telsey Advisory Group, though the 'Market Perform' rating is maintained.
The lowering of the price target by Telsey Advisory Group indicates a less optimistic outlook for Dollar General's stock in the near term. This could potentially lead to a decrease in the stock's price as investors adjust their expectations. However, the maintenance of the 'Market Perform' rating suggests that the stock is still expected to perform in line with the market, mitigating some of the potential negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100