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Dollar Tree (DLTR) Gets a Hold from Raymond James
In a report released yesterday, from Raymond James reiterated a Hold rating on Dollar Tree. The company’s shares closed yesterday at $116.44.
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In addition to Raymond James, Dollar Tree also received a Hold from Morgan Stanley’s Simeon Gutman in a report issued yesterday. However, on the same day, BMO Capital maintained a Sell rating on Dollar Tree (NASDAQ: DLTR).
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
Read More on DLTR:
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- Dollar Tree Earnings Call Highlights Margin-Fueled Rebound
- Corey Tarlowe Maintains Sell on Dollar Tree, Lifts Price Target to $85 Amid Concerns Over Traffic and Margin Sustainability
- Dollar Tree price target raised to $85 from $75 at Jefferies
- Dollar Tree price target raised to $145 from $132 at UBS
- Dollar Tree: Sell Rating Maintained as Structural Concerns Offset Beat; $115 Price Target Unchanged
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