- UBS sticks with a Buy rating on Dollar General (NYSE:DG) after factoring in the company's Q2 earnings report.
- The sequential slowdown in comparable sales at Home Depot, Lowe's, O'Reilly Automotive, and others makes UBS question if Dollar General's biggest problem was losing market share to Wal-Mart.
- "We expect that DG’s comp can accelerate as the overall spending environment improves. In the meantime, we think the stock has already priced in a lot of risk," writes analyst Michael Lasser.
- The investment firm lowers its price target to $92 from $101.