Guggenheim Maintains Buy on Dollar Tree, Lowers Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst John Heinbockel maintains a Buy rating on Dollar Tree (NASDAQ:DLTR) but lowers the price target from $150 to $120.
September 06, 2024 | 5:16 pm
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Guggenheim's analyst maintains a Buy rating on Dollar Tree but reduces the price target from $150 to $120, indicating a more cautious outlook.
The maintained Buy rating suggests continued confidence in Dollar Tree's potential, but the lowered price target reflects a more cautious outlook, likely due to market conditions or company performance. This could lead to short-term negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100