Loop Capital Maintains Hold on Dollar Gen, Lowers Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Loop Capital has maintained a Hold rating on Dollar General (NYSE:DG) but has lowered its price target from $130 to $90, indicating a less optimistic outlook for the company's stock.
August 30, 2024 | 11:53 am
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Loop Capital has maintained a Hold rating on Dollar General but has lowered its price target from $130 to $90, suggesting a less favorable view on the stock's potential.
The reduction in price target from $130 to $90 by Loop Capital indicates a negative reassessment of Dollar General's future performance. This is likely to put downward pressure on the stock price in the short term as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100