Goldman Sachs Maintains Buy on Dollar Tree, Lowers Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kate McShane maintains a Buy rating on Dollar Tree (NASDAQ:DLTR) but lowers the price target from $145 to $90.

September 10, 2024 | 1:56 pm
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Goldman Sachs has maintained its Buy rating on Dollar Tree but significantly lowered the price target from $145 to $90, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in Dollar Tree's long-term prospects. However, the significant reduction in the price target from $145 to $90 indicates concerns about short-term performance or market conditions, likely leading to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100