Citigroup Downgrades Dollar Tree to Neutral, Lowers Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Lejuez has downgraded Dollar Tree (NASDAQ:DLTR) from Buy to Neutral and lowered the price target from $163 to $120.
June 06, 2024 | 4:06 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Citigroup analyst Paul Lejuez downgraded Dollar Tree from Buy to Neutral and reduced the price target from $163 to $120, indicating a less optimistic outlook for the stock.
The downgrade from Buy to Neutral and the significant reduction in the price target from $163 to $120 by a major analyst like Citigroup is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100