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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: mungofitch ✹🐝🐝🐝🐝 SILVER
SHREWD   😊 😞
Number: of 15056 
Subject: Re: Dg, Jumps as Former CEO Returns
Date: 10/16/2023 1:23 PM
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No. of Recommendations: 18
DG BofA lowered the firm's price target on Dollar General to $100 from $105...
DG Barclays analyst Seth Sigman lowered the firm's price target on Dollar General to $124 from $128...
DG Piper Sandler lowered the firm's price target on Dollar General to $114 from $144...
reduce PT to $110 (from $145)...

FWIW, my own price target for DG remains unchanged, $200-220ish.
I'm not sure how long it will take--1 to 3 years??? Hard to say. But I expect it will be soon enough to offer a good rate of return with high safety.

Most of the drumbeat of bearishness is either just noise, or just cyclical stuff with a recession probably coming.
Maybe not all of it: If US society breaks down to the point that a lightly staffed shop will get robbed while the clerk says "Sure, whatever", or small town poverty levels get much more dire, then there may be problems. Otherwise, the business model seems entirely intact to me so it's just a matter of waiting. They make a lot of money, a situation usually ends well.

Jim
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