Analysts are Revising Prices Targets of These 5 Stocks Following Earnings

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1. Dollar General Corporation (NYSE:DG)

Number of Hedge Fund Holders: 59

Deutsche Bank lowered its price target for Dollar General Corporation (NYSE:DG) from $293 per share to $276 per share on December 2. The research firm expressed disappointment over the company’s latest earnings.

Dollar General Corporation (NYSE:DG) recently delivered mixed financial results for its fiscal third quarter. The discount retailer reported earnings of $2.33 per share, missing the consensus of $2.54 per share. Revenue came in at $9.46 billion, while analysts were looking for $9.43 billion.

Moreover, the company’s fourth-quarter profit outlook was also below expectations. Dollar General Corporation (NYSE:DG) projected adjusted earnings in the range of $3.15 – $3.30 per share for the current quarter, against the consensus of $3.66 per share.

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