Goldman Sachs downgraded Dollar General stock, causing a 1% drop

From Yahoo Finance: 2025-06-24 18:13:00

Goldman Sachs downgraded Dollar General stock, causing a 1% drop. Analyst Kate McShane cut the rating to neutral with a $116 price target. The company’s recent share price rise has left it fairly priced, limiting its potential for further growth due to tough competition. Management’s Back to Basics program has improved sales and margins. Despite a 50% year-to-date increase, the stock may not have much upside. The Motley Fool’s Stock Advisor team did not include Dollar General in their top 10 stock picks.



Read more at Yahoo Finance: Why Dollar General Stock Tumbled on Tuesday