Here's Why Deutsche Bank Analysts Think These Retail Stocks Can Find 'Support'
DGDollar(DG) Investopedia·2024-09-06 01:42

Key TakeawaysConcerns about the economy and their recently issued financial outlooks have weighed on shares of Dollar General and Dollar Tree lately.Analysts at Deutsche Bank on Wednesday cut their price targets on both companies' shares.But the analysts, whose new targets are near Wall Street's consensus, believe the stocks can find "support" at recent lower prices. Shares of discount retailers Dollar General (DG) and Dollar Tree (DLTR) moved in opposite directions Thursday as investors continued to digest ...