Wells Fargo Maintains Equal-Weight on Dollar Gen, Lowers Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Edward Kelly has maintained an Equal-Weight rating on Dollar General (NYSE:DG) but has lowered the price target from $145 to $130.
August 27, 2024 | 12:50 pm
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Wells Fargo has maintained an Equal-Weight rating on Dollar General but reduced the price target from $145 to $130, indicating a more cautious outlook.
The reduction in price target from $145 to $130 by Wells Fargo suggests a more cautious outlook on Dollar General's stock performance. This could lead to a negative short-term impact on the stock price as investors may adjust their expectations.
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