Is Dollar General a $200 Stock?
Dollar General (NYSE: DG) reported a 73% increase in earnings per share and a 27.6% increase in net sales for its fiscal first quarter ending May 1, 2020. The strong results have analysts boosting price targets on the stock today. BMO Capital analyst Kelly Bania raised the firm's price target to $200 per share, while Anthony Chukumba from Loop Capital moved that firm's target up to $190 per share, with a hold rating.