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home / articles / DG - Can New CEO Todd Vasos Navigate Through Dollar General's Escalating Investor Concerns? Analyst Weighs In | Benzinga

DG - Can New CEO Todd Vasos Navigate Through Dollar General's Escalating Investor Concerns? Analyst Weighs In | Benzinga

Dollar General Corporation

Telsey Advisory Group analyst Joseph Feldman reiterated the Market Perform rating on Dollar General Corporation (NYSE: DG), lowering the price target to $124 from $145 after the company appointed Todd Vasos as its CEO.

Feldman thinks the move explicitly acknowledges rising investor concerns about the company's future related to a clouded business strategy, choppy execution, and consistent earnings misses.

However, the analyst applauds Vasos's deep understanding of core customers, control over operations, and closeness with associates and buyers should help the company stabilize its business performance, improve operations,Full story available on Benzinga.com
Stock Information
Company Name: Dollar General Corporation
Stock Symbol: DG
Market: NYSE
Website: dollargeneral.com
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