Dollar Tree Inc

DLTR: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$217.00	Klfjk	Twbbmwrkj

Dollar Tree: Financial Results Should Improve Amid Strategic Reset but Turnaround Will Take Time

Noah Rohr

Oct 30, 2023

We raise our fair value estimate for no-moat Dollar Tree to $110 per share, from $104, primarily due to a slight uptick in our free cash flow conversion expectations, partially offset by a modest pullback in our top-line outlook for the Family Dollar banner. Still, we view shares as fairly valued.

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