
Dollar General’s (NYSE: DG) turnaround efforts are gaining traction, and analysts like what they see. The latest activity includes numerous price target increases and upgrades, culminating with an upgrade and price target revision from JPMorgan Chase & Company. Analysts at the firm upgraded the stock to Overweight from Hold and issued a street-high target of $166.
The analyst trends in place are strong, including increased coverage, firming sentiment, and an uptrending consensus price target, forecasting 25% upside at the high end. The trends shifted in early 2025 and are strengthening at year’s end, driving a reversal in stock price action.