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Benzinga
Benzinga
Business
Priya Nigam

Why Morgan Stanley Says Dollar General Is A Good Defensive Play

Dollar General Morgan Stanley DG Simeon Gutman Dollar General Corp

Although Dollar General Corp’s (NYSE:DG) stock has outperformed the market year-to-date, it has performed in-line with other defensive stocks, according to Morgan Stanley.

The Dollar General Analyst: Simeon Gutman upgraded Dollar General from Equal-Weight to Overweight while raising the price target from $225 to $250.

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