BMO Cuts Dollar Tree Rating to Underperform, Flags Digital Strategy and Margin Risks
BMO Capital downgraded Dollar Tree (NASDAQ:DLTR) from Market Perform to Underperform and trimmed its price target to $95 from $110, citing concerns about the retailer's investment and focus on digital capabilities and potential dis-synergies that could impede margin expansion. The stock trades well above BMO's revised target, and analysts differ on…