Morgan Stanley continues the downbeat vibe from the Street on Dollar Tree (DLTR -3.6%), with a...

|About: Dollar Tree, Inc. (DLTR)|By:, SA News Editor

Morgan Stanley continues the downbeat vibe from the Street on Dollar Tree (DLTR -3.6%), with a research note out calling out valuation concerns as it downgrades shares to Underweight from Equal-Weight. The ongoing thesis on DLTR is that investors have it "priced to perfection" on the expectation that consumers will trade down for value on economic worries.