Morgan Stanley Maintains Equal-Weight on Dollar Tree, Lowers Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has maintained an Equal-Weight rating on Dollar Tree but has significantly lowered its price target from $130 to $80, indicating a more cautious outlook on the stock.
September 05, 2024 | 12:35 pm
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Morgan Stanley has maintained an Equal-Weight rating on Dollar Tree but has significantly lowered its price target from $130 to $80, indicating a more cautious outlook on the stock.
The significant reduction in the price target from $130 to $80 by Morgan Stanley suggests a negative outlook on Dollar Tree's future performance. This could lead to a decrease in investor confidence and a potential short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100