Dollar General CFO Kelly Dilts Resigns

Dollar General CFO Kelly Dilts is resigning. Loop Capital raised its price target on Dollar General to $120 from $110, maintaining a hold rating. Nationsbenefits integrated with Dollar General to enable greater access to healthy food and wellness essentials. Dollar General was dropped from the Russell 1000 Value-Defensive Index and the Russell 1000 Defensive Index. Goldman Sachs downgraded Dollar General to neutral from buy, adjusting the price target to $116 from $115.

Dollar General (NYSE: DG) has seen a mix of developments recently, including the resignation of CFO Kelly Dilts and adjustments to analyst price targets. The company's stock has been the subject of various opinions, with some analysts raising their price targets while others have taken a more cautious stance.

Loop Capital recently increased its price target on Dollar General to $120 from $110, maintaining a Hold rating [1]. This move follows the firm's updated store experience tracker, which highlighted improvements in store execution, primarily driven by increased labor hours and enhanced customer service. Despite these positive developments, Loop Capital cited concerns about SNAP benefit reductions as a factor in its cautious stance.

Goldman Sachs downgraded Dollar General to Neutral from Buy, adjusting its price target to $116 from $115. The investment bank did not provide specific reasons for the downgrade, but it may be linked to broader market conditions or the company's recent operational changes [2].

Nationsbenefits has integrated with Dollar General to enable greater access to healthy food and wellness essentials. This move could potentially boost the company's sales and customer satisfaction, but its long-term impact remains to be seen.

Dollar General was recently dropped from the Russell 1000 Value-Defensive Index and the Russell 1000 Defensive Index. This change could signal a shift in investor sentiment towards the company, although the exact reasons for the removal are not specified.

Despite these mixed signals, several analysts remain optimistic about Dollar General's future prospects. UBS analysts raised the price target for Dollar General to $128, maintaining a Buy rating, citing the company's growth potential and robust operating income [3]. BMO Capital also adjusted their outlook, raising the price target to $115 while maintaining a Market Perform rating, noting significant improvements in the company's first-quarter 2025 performance [4].

As Dollar General continues to address its margin challenges and improve operational execution, investors should closely monitor the company's performance and analyst opinions. The resignation of CFO Kelly Dilts and the various price target adjustments highlight the importance of staying informed about the company's strategic developments and market conditions.

References:
[1] https://www.investing.com/news/analyst-ratings/loop-capital-raises-dollar-general-stock-price-target-to-120-on-improved-store-execution-93CH-4129899
[2] https://www.goldmansachs.com/ (Goldman Sachs Research)
[3] https://www.ubs.com/ (UBS Research)
[4] https://www.bmocapitalmarkets.com/ (BMO Capital Markets)