Why Dollar Tree Stock Was Racing Higher on Thursday

From Yahoo Finance: 2025-06-05 15:05:00

Dollar Tree (NASDAQ: DLTR) stock rose as analysts raised price targets and recommendations post-earnings report. Shares surged over 8% Thursday, outperforming the S&P 500. J.P. Morgan upgraded the stock to overweight with a new price target of $111 per share, citing growth potential and cost-saving measures.

Investors were concerned about Dollar Tree’s lower sales guidance despite strong revenue growth and same-store sales improvement. Analysts are bullish on the stock, expecting double-digit profitability growth. Economic uncertainty benefits discount retailers like Dollar Tree, making it an attractive buy for investors seeking value in the market.

While Dollar Tree wasn’t listed among the top 10 stocks to buy now by The Motley Fool Stock Advisor, the company shows promise for future growth potential. The Stock Advisor team has a track record of market-crushing returns, making their recommendations worth considering for long-term investors looking for high returns. Don’t miss out on the latest top picks by joining Stock Advisor today.

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