Jefferies upgrades Dollar Tree (DLTR) to Hold; traffic improves
DLTR Dollar Tree Inc
$130.48 +0.73%
View chart & analysis → - 1Jefferies upgraded its rating on Dollar Tree (DLTR) from Underperform to Hold, lifting the stock roughly 1% in pre-market trading
- 2Second-quarter rolling foot traffic rose 1.4%, with July up 4.5%; second-quarter EPS estimate was also raised to $1.15
- 3Traffic is turning positive, and near-term risk of further market share loss is seen as limited, according to the firm
This 3-line summary is compiled from the report below.
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