Dollar Tree (DLTR) Misses Q4 EPS by 6c; Comps Rose 1.7%
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Industry Weakness Keeps Piper Jaffray From Recommending Dollar Tree (DLTR)
March 2, 2016 8:07 AM ESTPiper Jaffray analyst, Peter Keith, raised his PT on Dollar Tree (NASDAQ: DLTR) to $85 from $73 but kept his Neutral rating on Dollar Tree Stores (DLTR) after rolling forward estimates to 2017 after the company posted 4Q results. Overall sector weakness is what keeps him on the sidelines but he notes that a number of non cash charges will be winding down over in the coming quarters which will benefit EPS.
Sales missed expectations as DLTR reported comp of 1.3% (or 1.7% on a constant currency basis) and remains sluggish relative to where the... More
Raymond James Downgrades Dollar Tree (DLTR) to Market Perform
March 2, 2016 6:46 AM ESTRaymond James downgraded Dollar Tree (NASDAQ: DLTR) from Strong Buy to Market Perform and removed its price target (prior $95.00).
For an analyst ratings summary and ratings history on Dollar Tree click here. For more ratings news on Dollar Tree click here.
Shares of Dollar Tree closed at $82.03 yesterday.
... More