Guggenheim Boosts Dollar Tree (DLTR) Target on Strong Growth Outlook

Dollar Tree, Inc. (NASDAQ:DLTR) is one of the defensive stocks that billionaires are buying amid US trade tariff uncertainty. On July 28, Guggenheim raised its price target on Dollar Tree (NASDAQ:DLTR) from $100 to $130, while reaffirming its Buy rating.

The upgrade reflects optimism around the company’s performance, including tariff relief, the successful Family Dollar divestiture, and the strength of its multi-price point (MPP) strategy, which has delivered consistent 5–7% sales growth.

The firm also highlighted operational improvements and projected 10% EBITDA growth, noting that the removal of $225 million in one-off P&L impacts should boost 2026 earnings. Guggenheim believes Dollar Tree could climb to $150 if favorable multiples persist.

Dollar Tree, Inc. (NASDAQ:DLTR) is a U.S.-based retail chain that offers a broad range of budget-friendly products across various price levels, including everyday essentials like food, household supplies, and personal care items, along with seasonal goods. With 24 distribution centers supporting its operations, the company primarily serves value-conscious shoppers seeking affordability without compromising convenience.

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Disclosure: None. This article is originally published at Insider Monkey.