Dollar Tree gets an upgrade at Jefferies on improving traffic
19/08/2026 11:15
BUZZ-Dollar Tree gets an upgrade at Jefferies on improving traffic
** Jefferies upgrades Dollar Tree DLTR.O to "hold" from "underperform", citing improving traffic trends that suggest a positive inflection in customer demand
** Brokerage says strong comparable sales trends, improving traffic, and potential upside from its multi-price strategy support a more balanced outlook
** Jefferies also raised PT to $135 from $85, representing a 3.4% upside to the stock's last close
** DLTR shares marginally up in premarket trading
** 10 of 29 brokerages rate the stock "buy" or higher, 15 "hold" and 4 "sell" or lower; their median PT is $128.5 - LSEG data
** Stock has gained 6.07% YTD vs 12.4% rise in the S&P 500 .SPX
(Reporting by Kanishka Ajmera in Bengaluru)
((mail to: Kanishka.Ajmera@thomsonreuters.com))
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