Morgan Stanley Maintains Equal-Weight on Dollar Tree, Lowers Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simeon Gutman has maintained an Equal-Weight rating on Dollar Tree (NASDAQ:DLTR) but reduced the price target from $140 to $135.

November 30, 2023 | 3:17 pm
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Morgan Stanley analyst Simeon Gutman maintains an Equal-Weight rating on Dollar Tree but lowers the price target from $140 to $135.
The reduction in price target by Morgan Stanley, despite maintaining the Equal-Weight rating, could be interpreted by the market as a negative sentiment towards Dollar Tree's short-term growth potential or valuation, likely leading to a negative impact on the stock price in the short term.
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