Piper Jaffray Reiterates Overweight Rating On Dollar Tree

According to Piper Jaffray, Dollar Tree Stores DLTR Overweight rating is reiterated. Piper Jaffray said that it is reiterating its Overweight rating and $87 price target in front of DLTR's Q2 F11 earnings release on Thursday, August 18. “We continue to view the company as one of our top picks in the current market due to our calculated sustainable comp growth rate of 5%-6% based on four multi-year comp drivers.” Dollar Tree Stores closed on Friday at $66.75.