Stubbornly hot inflation will be unkind to the bottom line of Dollar Tree, warns Deutsche Bank.
Deutsche Bank analyst Krisztina Katai downgraded her rating on the dollar store to Hold from Buy on Monday, and slashed the price target to $102 from $129.
“We now see more balanced risk/reward, especially with renewed concerns around building inflationary pressures. We remain long-term believers in Dollar Tree’s story including the ongoing turnaround at Family Dollar, however, we are…
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