JP Morgan Upgrades Dollar Gen to Neutral, Raises Price Target to $158
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Matthew Boss upgrades Dollar General (NYSE:DG) from Underweight to Neutral and increases the price target from $120 to $158.
March 12, 2024 | 11:14 am
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POSITIVE IMPACT
Dollar General upgraded by JP Morgan from Underweight to Neutral with a price target increase from $120 to $158.
The upgrade from Underweight to Neutral by a major financial institution like JP Morgan, accompanied by a significant increase in the price target, is likely to be viewed positively by investors. This could lead to increased investor confidence and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100