Morgan Stanley Maintains Equal-Weight on Dollar Gen, Raises Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simeon Gutman has maintained an Equal-Weight rating on Dollar General (NYSE:DG) and increased the price target from $125 to $130.
December 08, 2023 | 1:12 pm
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Morgan Stanley has maintained an Equal-Weight rating on Dollar General and raised the price target from $125 to $130, indicating a positive outlook on the stock's value.
The increase in price target by a reputable analyst like Morgan Stanley suggests a positive sentiment towards Dollar General's stock value in the short term. This could lead to increased investor confidence and potentially a rise in the stock price, as the market often reacts to analyst ratings and price target adjustments.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100