Dollar Tree (DLTR)

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FBR Capital Sets Dollar Tree Price Target at $43.00 (DLTR)
Posted by Zach Kirkland on Nov 16th, 2012 // No Comments

Dollar Tree (NASDAQ: DLTR) had its price target decreased by FBR Capital from $50.00 to $43.00 in a research note released on Friday morning. They currently have a market perform rating on the stock.

A number of other firms have also recently commented on DLTR. Analysts at MKM Partners upgraded shares of Dollar Tree from a neutral rating to a buy rating in a research note to investors on Thursday. Separately, analysts at Feltl & Co. cut their price target on shares of Dollar Tree from $56.50 to $51.00 in a research note to investors on Thursday. They now have a strong-buy rating on the stock. Finally, analysts at Morgan Stanley reiterated an underweight rating on shares of Dollar Tree in a research note to investors on Tuesday, November 6th. They now have a $40.00 price target on the stock.

Dollar Tree opened at 39.70 on Friday. Dollar Tree has a 1-year low of $36.04 and a 1-year high of $56.815. The company has a market cap of $9.144 billion and a price-to-earnings ratio of 17.68.
Dollar Tree last announced its earnings results on Thursday, November 15th. The company reported $0.51 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.94 by $0.43. The company had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.71 billion. On average, analysts predict that Dollar Tree will post $2.48 earnings per share for the current fiscal year.

Dollar Tree, Inc. (Dollar Tree) is an operator of discount variety stores offering merchandise at the fixed price.
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http://www.jagsreport.com/2012/11/fbr-capital-sets-dollar-tree-price-target-at-43-00-dltr/

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