
Shares of Dollar Tree DLTR.O are up 5.8% in afternoon trading on Tues after Dollar General DG.N raised its annual targets, with Dollar Tree due to report its qtrly results before the bell on Wed
Shares of Dollar General were last up 15.2%
Analysts expect DLTR Q1 rev down ~41% to $4.54 bln vs $7.63 bln a yr ago and ~16% drop in EPS to $1.20/shr vs $1.43 a yr ago, according to LSEG
Wells Fargo this week raised its target price on DLTR to $105 from $90
The median 12-mo PT on DLTR is $90.00, up from $82 a month ago; the stock was last at $96.56
In mid-May Dollar Tree surpassed 9,000 stores across N. America
Analyst recommendations on DLTR include 10 "strong buy" or "buy" ratings, 16 "hold" ratings and one "sell" rating
Including session move, DLTR is up 29% YTD compared with a 0.5% YTD gain in the Nasdaq .IXIC