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Telsey Advisory Keeps Their Buy Rating on Dollar Tree (DLTR)

Tipranks - Tipranks - Tue Jun 16, 10:34AM 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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Feldman covers the Consumer Cyclical sector, focusing on stocks such as Dick’s Sporting Goods, Dutch Bros Inc, and Five Below. According to TipRanks, Feldman has an average return of 4.7% and a 52.85% success rate on recommended stocks.

The word on The Street in general, suggests a Hold analyst consensus rating for Dollar Tree with a $122.68 average price target.

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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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