Key Highlights:
- Dollar Tree (DLTR, Financial) shares jumped 6% following a Citi upgrade to "Buy."
- Citi's target price for Dollar Tree increased from $76 to $103.
- Analysts suggest a potential upside of 72.23% based on the GF Value estimate.
Dollar Tree's (DLTR) shares experienced a significant boost, surging by 6%, after Citi analyst Paul Lejuez upgraded the stock to a "Buy." Lejuez emphasized Dollar Tree's robust strategic positioning and its history of successfully adjusting product prices in response to tariff increases. In light of these factors, Citi has revised its target price for the stock from $76 to $103.
Wall Street Analysts Forecast
According to projections from 21 analysts covering Dollar Tree Inc (DLTR, Financial), the average price target stands at $82.64, with estimates ranging from a high of $102.34 to a low of $70.00. This average target suggests a potential upside of 14.96% from the current trading price of $71.88. For more in-depth analyses and estimates, please visit the Dollar Tree Inc (DLTR) Forecast page.
From a broader perspective, the consensus among 28 brokerage firms classifies Dollar Tree Inc's (DLTR, Financial) current average brokerage recommendation as 2.7, which corresponds to a "Hold" status. This rating falls within a scale from 1 to 5, where 1 indicates a Strong Buy and 5 represents a Sell recommendation.
Furthermore, using GuruFocus estimates, the projected GF Value for Dollar Tree Inc (DLTR, Financial) in the coming year is $123.80. This suggests a remarkable upside potential of 72.23% from its current price of $71.88. The GF Value is GuruFocus' estimation of a stock's fair value, calculated using historical trading multiples, past business growth, and future business performance forecasts. For comprehensive details, visit the Dollar Tree Inc (DLTR) Summary page.
