Dollar Tree Slumps to 228th in Market Rankings as Trading Volume Drops 31.79

On April 10, 2025, Dollar Tree (DLTR) experienced a significant decline, with its trading volume dropping by 31.79% to 5.35 billion, placing it at the 228th position in the day's market rankings. The stock price fell by 1.14%.

Citigroup recently upgraded Dollar Tree from a "neutral" rating to a "buy" rating, while also increasing their target price for the stock from $76.00 to $103.00. This move reflects a positive outlook on the company's future performance and potential for growth.

Dollar Tree has also seen new options contracts begin trading, with the May 30th expiration date. The put contract at the $70.00 strike price has a current bid of $2.90, offering investors an opportunity to purchase the stock at a discounted price while collecting the premium. The call contract at the $76.00 strike price has a current bid of $4.60, providing a potential total return of 8.00% if the stock is called away at the expiration date.

In other news, Dollar Tree has announced an agreement to divest its Family Dollar business to Brigade Capital Management and Macellum Capital Management. This strategic move is aimed at streamlining the company's operations and focusing on its core business.

UBS Group has also adjusted its target price for Dollar Tree, lowering it from $105.00 to $95.00 while maintaining a "buy" rating on the stock. This adjustment reflects the company's current market conditions and potential for future growth.

Evercore analyst Michael Montani has maintained a "hold" rating on Dollar Tree, adjusting the target price from $85 to $79. This rating suggests a cautious approach to investing in the stock, given the current market conditions and potential risks.