Dollar Tree (DLTR) Cut To “Equal-Weight”

Dollar Tree (DLTR) was cut by Morgan Stanley to “equal-weight” from “overweight.” Morgan Stanley does not expect DLTR to exceed the consensus expectations significantly. "We see less room for upside in merchandise gross margins moving forward; therefore the main source for EPS upside would be driven by high-single-digit comps," Morgan Stanley elaborated. DLTR has fallen 1.35% in pre-market trading. Read more from Benzinga's Company news.