Dollar General analyst reworks stock price target after strong recovery

yahoo Finance

If you’re anywhere near Weedsport, N.Y., this weekend, you might want to stop by 8881 South Seneca Street. That’s where Dollar General (DG) is holding a grand opening on June 28 for its relocated store. The Cayuga County village, half an hour west of Syracuse, is the birthplace of the silent-film actor Justus D. Barnes, who played a major role in “The Great Train Robbery.”

Telsey Advisory analyst Joseph Feldman raised his price target on DG to $120 from $100 and kept a market-perform rating on the shares. While the company remains pleased with its May comparison and expects momentum to stay solid this year, Feldman said, he sees tariffs as a wild card.

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