Telsey Advisory Group maintains Market Perform on Dollar General, raises PT to $120.
In a recent research report, Telsey Advisory Group has raised its price target for Dollar General (NYSE:DG) to $120, while maintaining its "Market Perform" rating on the stock. This adjustment comes after a series of positive earnings reports and strategic moves by the retailer.
Dollar General's most recent quarterly earnings, released on June 3, 2025, showed a strong performance with earnings per share (EPS) of $1.78, beating the consensus estimate of $1.46 by $0.32. The company's revenue for the quarter was $10.44 billion, a 5.3% increase from the same period last year. This growth, coupled with a net margin of 2.81% and a return on equity of 17.93%, has bolstered analysts' confidence in the retailer's ability to sustain its momentum.
Telsey Advisory Group's price target increase reflects the positive market reception of Dollar General's recent strategies, including its expansion into new markets and the introduction of private-label products. The company's ability to adapt to changing consumer preferences and maintain a strong competitive position in the retail sector has been a key factor in its recent performance.
Despite the positive outlook, Telsey Advisory Group's "Market Perform" rating suggests a cautious approach, indicating that the stock may not offer significant upside potential in the near term. However, the raised price target of $120 provides investors with a more optimistic view of the company's future prospects.
Investors should closely monitor Dollar General's ongoing developments, such as its expansion plans and any new product launches, to assess the potential impact on its financial performance and stock price.
References:
[1] https://www.marketbeat.com/instant-alerts/loop-capital-boosts-dollar-general-nysedg-price-target-to-12000-2025-07-10/
[2] https://www.marketbeat.com/instant-alerts/telsey-advisory-group-forecasts-levi-fy2025-earnings-2025-07-14/
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