Wells Fargo Maintains Overweight on Dollar Tree, Lowers Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Edward Kelly maintains an Overweight rating on Dollar Tree (NASDAQ:DLTR) but lowers the price target from $160 to $130.
August 27, 2024 | 12:51 pm
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Wells Fargo's analyst Edward Kelly maintains an Overweight rating on Dollar Tree but reduces the price target from $160 to $130, indicating a more cautious outlook.
The reduction in the price target from $160 to $130 suggests a less optimistic view on Dollar Tree's future performance, which could lead to a short-term negative impact on the stock price. However, the maintained Overweight rating indicates continued confidence in the stock's potential.
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IMPORTANCE 80
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