This is why Dollar General (NYSE:DG) stock price is going up. – Idaho Reporter

NYSE, Retail

This is why Dollar General (NYSE:DG) stock price is going up.

Looks like Dollar General (NYSE:DG) knows no limits as it had its price objective boosted by Raymond James from $205.00 to $210.00 in a research note published on Friday morning. They currently have a strong-buy rating on the stock.

Furthermore, Dollar General (NYSE:DG) had its price target lifted by KeyCorp from $200.00 to $210.00 in a research report sent to investors on Friday, Benzinga reports. They currently have an overweight rating on the stock.

Dollar General Corp stocks have seen a tremendous growth over the past 12 months and a DG shares also went 30% up from its March lows.

It is expected that that DG stock will remain a valuable asset for many hedge funds as well as private investors.

Institutional investors hold a whooping 95.53% of DG shares, which is by far the biggest ownership percentage than any other discount store company.

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