BMO Capital Downgrades Dollar Tree to Market Perform, Lowers Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has downgraded Dollar Tree from Outperform to Market Perform and significantly lowered its price target from $130 to $68.
September 05, 2024 | 10:39 am
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NEGATIVE IMPACT
BMO Capital has downgraded Dollar Tree from Outperform to Market Perform, reducing the price target from $130 to $68, indicating a less optimistic outlook.
The downgrade from Outperform to Market Perform by BMO Capital suggests a less favorable view on Dollar Tree's future performance. The significant reduction in the price target from $130 to $68 indicates a potential decline in investor confidence and could lead to a short-term decrease in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100