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What’s behind Oppenheimer’s Bullish Stance on Dollar Tree?

Sonya Bells
What’s behind Oppenheimer’s Bullish Stance on Dollar Tree?

Analyst Rupesh Parikh of Oppenheimer initiated coverage of Dollar Tree (DLTR) with an “outperform” rating on Wednesday, January 17. “We are initiating coverage of Dollar Tree (DLTR) with an Outperform rating and $130 PT,” said Parikh. Parikh’s $130 target price implies a 15% upside over Dollar Tree’s January 17 stock price.