Citigroup Maintains Neutral on Dollar Tree, Lowers Price Target to $64
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Lejuez maintains a Neutral rating on Dollar Tree (NASDAQ:DLTR) and lowers the price target from $120 to $64.
September 05, 2024 | 6:44 pm
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Citigroup analyst Paul Lejuez has maintained a Neutral rating on Dollar Tree and significantly lowered the price target from $120 to $64, indicating a less optimistic outlook.
The significant reduction in the price target from $120 to $64 by Citigroup suggests a less favorable outlook for Dollar Tree, which could lead to a negative short-term impact on its stock price. The Neutral rating indicates no strong buy or sell recommendation, but the lowered target reflects potential challenges or concerns.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100