Dollar Tree Surged 70% Last Year, Is the Rally Over?

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Dollar Tree’s strategic transformation into a multi-price retailer contributed to a 64% return in 2025, attracting new households and improving financial metrics despite a recent downgrade by BMO Capital Markets. The company’s Q3 FY2025 results showed strong growth, and its multi-price strategy is expected to drive profitability through 2028. Wall Street analysts generally hold a positive outlook, with a median price target close to its current trading price, positioning the upcoming Q4 earnings call as a critical point for validating its growth thesis.

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