BofA Believes Family Dollar Buyout Unlikely, Maintains Underperform, $58 Target
August 08, 2013 at 11:15 AM EDT
As shares of Dollar General (NYSE: DG ) and Family Dollar (NYSE: FDO ) continue to rise amid speculation of a buyout, BofAML analyst Denise Chai believes the deal is unlikely to occur. Citing Family Dollar's deteriorating margins and cash flow, Chai sees little upside for Dollar General
