Truist Securities Maintains Hold on Dollar Gen, Raises Price Target to $117
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Scot Ciccarelli has maintained a Hold rating on Dollar General (NYSE:DG) and increased the price target from $116 to $117.
December 08, 2023 | 5:02 pm
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NEUTRAL IMPACT
Truist Securities analyst Scot Ciccarelli has reaffirmed a Hold rating on Dollar General and raised the price target slightly from $116 to $117.
The adjustment in price target by Truist Securities is marginal, suggesting a neutral outlook with limited immediate impact on Dollar General's stock price. The Hold rating indicates that the analyst does not see significant upside or downside in the near term, which aligns with the score of 0. The relevance is 100 as the news directly pertains to Dollar General. The importance is set at 60, considering that price target changes by analysts can influence market perception but the small increase may not significantly alter investor sentiment. The confidence level is at 90, reflecting the straightforward nature of the analyst's rating and price target change.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100