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Telsey Advisory Remains a Buy on Dollar Tree (DLTR)

Tipranks - Tipranks - Fri May 29, 10:04AM CDT

In a report released today, Joe Feldman from Telsey Advisory maintained a Buy rating on Dollar Tree, with a price target of $150.00.

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According to TipRanks, Feldman is a 4-star analyst with an average return of 4.2% and a 50.20% success rate. Feldman covers the Consumer Cyclical sector, focusing on stocks such as Dick’s Sporting Goods, Dutch Bros Inc, and Best Buy Co.

In addition to Telsey Advisory, Dollar Tree also received a Buy from Wells Fargo’s Edward Kelly in a report issued yesterday. However, today, Oppenheimer maintained a Hold rating on Dollar Tree (NASDAQ: DLTR).

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Based on Dollar Tree’s latest earnings release for the quarter ending May 2, the company reported a quarterly revenue of $4.98 billion and a net profit of $347.3 million. In comparison, last year the company earned a revenue of $4.64 billion and had a net profit of $343.4 million

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