Truist Slashes Dollar General PT to $109, Citing Q1 Revenue Slowdown and Competition
Summary
Truist has significantly cut its 12-month price target for Dollar General to $109 from $139, while maintaining a Hold rating. The firm projects Q1 revenue growth of 3.7% year-over-year, a notable deceleration from 5.3% in the prior year. This revised outlook is driven by concerns over the need for inventory rebuilding and intensifying competition from Walmart. This analyst downgrade and projected slowdown suggest potential headwinds for the company following its positive Q4 2025 results and FY26 guidance reported in March.
At the time of this announcement, DG was trading at $111.00 on NYSE in the Trade & Services sector, with a market capitalization of approximately $24.4B. The 52-week trading range was $95.11 to $158.23. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Wiseek News.