** Shares of Dollar Tree DLTR.O are up 5.8% in afternoon trading on Tues after Dollar General DG.N raised its annual targets, with Dollar Tree due to report its qtrly results before the bell on Wed
** Shares of Dollar General were last up 15.2%
** Analysts expect DLTR Q1 rev down ~41% to $4.54 bln vs $7.63 bln a yr ago and ~16% drop in EPS to $1.20/shr vs $1.43 a yr ago, according to LSEG
** Wells Fargo this week raised its target price on DLTR to $105 from $90
** The median 12-mo PT on DLTR is $90.00, up from $82 a month ago; the stock was last at $96.56
** In mid-May Dollar Tree surpassed 9,000 stores across N. America
** Analyst recommendations on DLTR include 10 "strong buy" or "buy" ratings, 16 "hold" ratings and one "sell" rating
** Including session move, DLTR is up 29% YTD compared with a 0.5% YTD gain in the Nasdaq .IXIC
(Reporting by Caroline Valetkevitch)
((caroline.valetkevitch@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.