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Analysts’ Actions: Raymond James Upgrades Dollar General Two Notches

July 9, 2023
in Trade Tube
Reading Time: 1 min read
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In Tuesday’s Analysts’ Actions, TheStreet highlights upgrades for discount store chain Dollar General Corp. (DG) and Noble Energy (NBL), while Salesforce (CRM) gets coverage initiated. Analysts at Raymond James upgraded Dollar General by two notches on to STRONG BUY from MARKET PERFORM with a $90 price target. The firm thinks the dollar store chain has had a great turnaround since the 2008 leveraged buy-out. Noble Energy was upgraded to NEUTRAL from REDUCE by analysts at Nomura Securities. The firm issued a price target of $48 on the oil and gas company. Also, Salesforce.com had coverage initiated by analysts at Wunderlich. The firm started the company with a BUY rating and a price target of $85, calling Salesforce a market leader. San Francisco-based Salesforce.com is a provider of enterprise cloud computing solutions that helps with customer relationship management. TheStreet’s Kurumi Fukushima reports in New York.

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