Dollar Tree Higher On Upgrade (DLTR)

Analysts at Morgan Stanley upgraded shares of Dollar Tree DLTR this morning to from Hold to Overweight, and the stock is getting a nice bounce in Wednesday's trading session. Despite broad market weakness, shares of Dollar Tree are 2.80% higher at $51.75. Dollar Tree has risen 56% in the last year, but has been hit by a sell off in 2011, falling almost 8% since the beginning of the year. Dollar Tree, Inc. (Dollar Tree) is an operator of discount variety stores offering merchandise at the fixed price of one dollar.
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Posted In: UpgradesIntraday UpdateAnalyst RatingsMoversConsumer DiscretionaryGeneral Merchandise Stores
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