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0.000173120203127712 0.00028853367187941 0.00028853367187941 0.000173120203127712 0.00271221651566737 0.00213514917190822 -0.000403947140631436 0.000750187546886695
Stock impact report

Credit Suisse defends Dollar Tree [Seeking Alpha]

Dollar Tree, Inc. (DLTR) 
Last dollar tree, inc. earnings: 3/4 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: dollartreeinfo.com/investors
Company Research Source: Seeking Alpha
Credit Suisse defends Dollar TreeCredit Suisse updates on Dollar Tree (DLTR+3.2%) after last month's Q1 earnings report from the retailer sent shares lower.The analyst team thinks investors are negative over the results of the Family Dollar integration in particular."Whereas results have not been anywhere near initial expectations when the deal closed almost 3 years ago, we believe sentiment is overly negative and that risk/reward actually skews to the upside. A sum-of-the-parts valuation, recent ramp in remodel activity, and potentially opportune timing in the economic cycle lead us to reiterate our Outperform rating," writes analyst Judah Frommer and team.CS says its price target of $93 on Dollar Tree is ~15.5X its near-term EPS estimate.Previously:Dollar Tree sheds 8% after weak profit guidance(May 31)See all stocks on the move »Now read:We Like Dollar Tree » Show less Read more
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