BMO Capital Maintains Outperform on Dollar Tree, Lowers Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Kelly Bania maintains an Outperform rating on Dollar Tree (NASDAQ:DLTR) but lowers the price target from $170 to $160.

March 14, 2024 | 3:32 pm
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BMO Capital maintains an Outperform rating on Dollar Tree but lowers the price target from $170 to $160.
While the maintenance of an Outperform rating by BMO Capital indicates a positive outlook on Dollar Tree, the reduction in the price target from $170 to $160 could signal a tempered expectation for the stock's short-term performance. This adjustment might reflect new data or market conditions affecting Dollar Tree's valuation. Investors might view this as a slight negative due to the lowered expectations, but the continued Outperform rating suggests underlying confidence in the company's fundamentals.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100