On October 6, Dollar General rose 5.02% in regular trading, trading at $124.695 per share, with a turnover of $80.505 million. The primary catalyst was an upgrade from Gordon Haskett, which lifted its rating on the stock to Buy from Hold and raised its price target to $140 from $125.
The upgrade followed the company's late-September announcement of a partnership with Instacart to pilot same-day delivery across roughly 7,000 stores in six states, with plans to expand to about 20,000 locations across 48 states in the fall. Analysts view the collaboration as a positive driver for customer traffic and sales synergies. Dollar General operates as a discount retailer offering consumables, seasonal items, home products, and apparel, serving price-sensitive consumers through both national and private brands.
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