Dollar Tree Doing Just Fine, Says MKM
November 25, 2015 at 11:20 AM EST
Dollar Tree ( DLTR ) reported a mixed third quarter Tuesday, as sales beat expectations but earnings missed analysts’ estimates. The shares were down initially, but recovered and are higher Wednesday. MKM Partners’ Patrick McKeever agrees with the market, reiterating a Buy rating and $86 price target on the stock Wednesday.
