Loop Capital sees breakout for Dollar Tree

6/28/17

Loop Capital boosts its rating on Dollar Tree (NASDAQ:DLTR) to Buy from Hold on a new sum-of-the-parts look at the retailer.

Analyst Anthony Chukumba thinks Dollar Tree will find a way to recharge the Family Dollar business or turn around and sell it.

Chukumba calls shares "significantly undervalued" at current levels.

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