Unveiling 21 Analyst Insights On Dollar Tree
Portfolio Pulse from Benzinga Insights
Over the past three months, 21 analysts have shared their insights on Dollar Tree (NASDAQ:DLTR), with a range of opinions from bullish to bearish. The average 12-month price target has decreased by 31.25% to $94.33. Analysts have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Dollar Tree operates over 16,400 stores in the US and Canada, with a focus on consumables and variety items. The company has shown a positive revenue trend but faces challenges with profitability and asset utilization.
September 23, 2024 | 8:00 pm
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Dollar Tree (NASDAQ:DLTR) has seen a decrease in its average 12-month price target by 31.25% to $94.33, with analysts adjusting their ratings and targets. Despite a positive revenue trend, the company faces challenges in profitability and asset utilization.
The significant reduction in the average price target by analysts indicates a bearish sentiment towards Dollar Tree's short-term prospects. Despite some revenue growth, the company's challenges in profitability and asset utilization contribute to this negative outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100