Dollar Tree Inc. shares rose roughly 2% on 21 July after a pair of prominent Wall Street banks boosted their views on the discount retailer. JPMorgan added Dollar Tree to its U.S. analyst focus list, citing the chain’s resiliency as consumers trade down amid persistent price pressures. Separately, Barclays upgraded the stock to Overweight from Equal Weight and lifted its 12-month price target to $150 from $115. The broker said the completed sale of Family Dollar has given Dollar Tree a “cleaner growth story,” with momentum evident in the first quarter and accelerating into the second half of fiscal 2025.
Barclays Upgrades $DLTR to Overweight from Equalweight, Raises PT to $150 from $115 Analyst comments: "Following the FDO sale, we believe DLTR offers a cleaner growth story with strong momentum observed in Q1, accelerating in Q2 and set up well through the remainder of FY25/26.
$DLTR +2.15% [Barclays upgraded Dollar Tree to Overweight from Equal Weight, raising the price target to $120. The company is expected to benefit from consumer trade downs and competitor closings.]
JP Morgan Places Dollar Tree Inc Stock on Its US Focus List 🎯