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Bernstein Reaffirms Their Buy Rating on Dollar General (DG)

Tipranks - Tipranks - Fri Jun 19, 1:50AM CDT

Bernstein analyst Zhihan Ma maintained a Buy rating on Dollar General yesterday and set a price target of $149.00. The company’s shares closed yesterday at $108.69.

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Ma covers the Consumer Defensive sector, focusing on stocks such as Dollar General, Walmart, and Costco. According to TipRanks, Ma has an average return of 5.0% and a 56.38% success rate on recommended stocks.

Currently, the analyst consensus on Dollar General is a Moderate Buy with an average price target of $139.95, representing a 28.76% upside. In a report released on June 5, J.P. Morgan also maintained a Buy rating on the stock with a $170.00 price target.

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Based on Dollar General’s latest earnings release for the quarter ending May 1, the company reported a quarterly revenue of $10.79 billion and a net profit of $444.13 million. In comparison, last year the company earned a revenue of $10.44 billion and had a net profit of $391.93 million

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