Stock Rating Upgrade
The Value Trend Rating for Dollar Tree Inc (NASDAQ: DLTR) improved in the last week from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
Dollar Tree Inc (NASDAQ: DLTR) stock increased 1.1% on 11/17/23. The shares closed at $115.00. The stock has been weak relative to the market over the last nine months but has risen 1.2% during the last week.
Current PriceTarget Research Rating
DLTR is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Dollar Tree has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines consistent signals from two proprietary PTR measures of a stock's attractiveness. Dollar Tree has a neutral Appreciation Score of 58 and a slightly negative Power Rating of 31, with the Low Neutral Value Trend Rating the result.