Wells Fargo (NYSE:WFC) analyst Edward Kelly maintained a Buy rating on Dollar Tree (NASDAQ:DLTR) on Tuesday, setting a price target of $175, which is approximately 31.98% above the present share price of $132.6.
Kelly expects Dollar Tree to post earnings per share (EPS) of $0.96 for the fourth quarter of 2021.
The current consensus among 18 TipRanks analysts is for a Moderate Buy rating of shares in Dollar Tree, with an average price target of $153.12.
The analysts price targets range from a high of $175 to a low of $100.
In its latest earnings report, released on 10/31/2021, the company reported a quarterly revenue of $6.42 billion and a net profit of $310.5 million. The company's market cap is $29.83 billion.
According to TipRanks.com, Wells Fargo analyst Edward Kelly is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 11.8% and a 64.85% success rate.
Dollar Tree, Inc. is a discount variety retail store operator that sells items for $1 or less. The company operates over 15,000 stores in the United States and Canada under the Dollar Tree and Family Dollar brands. It offers a wide range of quality everyday general merchandise in several categories, including candy and food, housewares, seasonal goods, health and beauty care, stationery, books, personal accessories, toys, gifts, party goods, and other consumer items.