Piper Sandler Downgrades Dollar Tree to Neutral, Lowers Price Target to $102
Piper Sandler analyst Peter Keith downgrades Dollar Tree (NASDAQ:DLTR) from Overweight to Neutral and lowers the price target from $117 to $102.
Dollar Tree Insights: Return On Capital Employed
Looking at Q1, Dollar Tree (NASDAQ:DLTR) earned $519.90 million, a 23.72% increase from the preceding quarter. Dollar Tree's sales decreased to $6.48 billion, a 4.26% change since Q4. Dollar Tree earned $681.60 million, and sales totaled $6.77 billion in Q4.
Last Week’s Notable Insider Buys: Lululemon Athletica, Opendoor Technologies And More
Insider buying can be an encouraging signal for potential investors, especially when markets are near all-time highs.
A SPAC, a REIT and some tech companies saw notable insider buying this past week.
Chief executive officers were among last week's insiders adding to their stakes as well.
Nvidia And Dollar Tree Lead The Nasdaq In A Mixed Day For The Markets
U.S. indices had another mixed day of trading following worse-than-expected U.S. jobless figures and inflation data released Thursday.
Tesla And Baidu Lead The QQQ Lower Thursday
U.S. indices were trading lower Thursday despite slightly better-than-expected U.S. jobs data. Positive data has potentially raised concerns the Fed could eventually taper stimulus measures. Speculative retail trading in some names has also increased volatility.
Nvidia, eBay Lead The Nasdaq Higher Friday
U.S. indices continued trading higher following better-than-expected U.S. jobless numbers Thursday as well as reports that President Joe Biden will propose a $6-trillion federal budget.
RBC Capital Maintains Outperform on Dollar Tree, Lowers Price Target to $117
RBC Capital analyst Scot Ciccarelli maintains Dollar Tree (NASDAQ:DLTR) with a Outperform and lowers the price target from $131 to $117.
60 Biggest Movers From Yesterday
Gainers
Vertex Energy, Inc. (NASDAQ: VTNR) shares climbed 124.2% to settle at $3.99 on Thursday after the company announced plans to acquire a Alabama refinery and related logistics assets.
Mid-Afternoon Market Update: Dow Surges Over 100 Points; NextGen Healthcare Shares Plunge
Toward the end of trading Thursday, the Dow traded up 0.34% to 34,439.88 while the NASDAQ rose 0.23% to 13,770.24. The S&P also rose, gaining 0.23% to 4,205.48.
