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Investing.com - Bernstein SocGen Group raised its price target on Dollar Tree (NASDAQ:DLTR) to $109.00 from $86.00 on Monday, while maintaining a Market Perform rating on the discount retailer’s shares. The stock, currently trading at $115.03, is hovering near its 52-week high of $115.99, with InvestingPro analysis indicating the shares are fairly valued based on their proprietary Fair Value model.
The price target increase comes as Dollar Tree’s share price has strengthened significantly following positive credit card data, despite consensus views remaining largely unchanged, according to Bernstein. The stock has demonstrated remarkable momentum, posting a 54.38% return over the past six months.
The firm noted that Dollar Tree management has already warned investors about upcoming cost increases, which Bernstein believes has helped derisk what could have otherwise been an unwelcome surprise for shareholders.
Bernstein expressed caution about Dollar Tree’s ability to implement price increases across its multi-price categories, suggesting this process could be more complex than anticipated, with uncertain impacts on consumer demand elasticity.
The firm highlighted ongoing uncertainty surrounding Dollar Tree’s outlook, particularly as the company faces potential tariff-driven inflation pressures expected to impact the business in the second half of the year.
In other recent news, Dollar Tree has seen a series of positive developments. Barclays (LON:BARC) upgraded the company’s stock from Equalweight to Overweight, raising its price target to $150.00 from $115.00, citing improved growth potential following the sale of Family Dollar. This upgrade aligns with observed strong momentum in Dollar Tree’s first and second quarters. Guggenheim also raised its price target for Dollar Tree to $130.00 from $100.00, maintaining a Buy rating, based on a 10.6x multiple of its 2026 earnings estimate. Similarly, Wells Fargo (NYSE:WFC) increased its price target to $130.00 from $105.00, reflecting confidence in Dollar Tree’s multi-price strategy. UBS raised its price target to $127.00 from $108.00, maintaining a Buy rating, highlighting the simplification of Dollar Tree’s business model post-Family Dollar sale. Additionally, Dollar Tree announced John S. Mitchell, Jr. as its new Chief Legal Officer and Corporate Secretary, effective August 11, 2025. Mitchell has been with the company since 2021 and succeeds Jonathan B. Leiken.
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