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>> DOLLAR TREE Latest News

APR 03, 2013 - MarketWatch

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Dollar Tree up after upgrade by Morgan Stanley

NEW YORK (MarketWatch) -- Discounter Dollar Tree Inc. was raised to overweight from equal-weight by Morgan Stanley on Wednesday. Behind the upgrade was the firm's survey of 1,200 consumers that showed the 2% payroll tax hike didn't impact shopping. "Lower income shoppers were least aware of the tax change," analyst Mark Wiltamuth said. "This removes much of the bear case risk of a collapse of the lower income consumer." Dollar Tree inched up 0.3% as the broader markets trade lower. Its larger rivals Dollar General Corp. and Family Dollar Stores Inc. were both lower. Market Pulse Stories ... Read More

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