Dollar General Analysts Point To Value Shoppers, Execution Strength As Guidance Rises

As consumer spending patterns shift amid economic uncertainty, retailers are adapting to evolving market dynamics and consumer preferences. These changes are influencing company performance and stock movements, creating a complex landscape for investors to navigate.

Shares of Dollar General Corp (NYSE:DG) were trading lower on Friday, even after the company reported upbeat second-quarter results.

Here are some analyst takeaways.

Telsey Advisory Group analyst Joseph Feldman maintained a Market Perform rating, while raising the price target from $120 to $123.

Goldman Sachs analyst Kash Rangan reiterated a Neutral rating, while lifting the price target from $116 to $126.

Check out other analyst stock ratings.

Telsey Advisory Group: Dollar General reported adjusted earnings of $1.86 per share, beating the consensus of $1.58 per share, fueled by a higher-than-expected ...