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Jefferies maintains Buy rating on Dollar General stock

Yahoo Finance Video

Yahoo Finance Live’s Brian Sozzi discusses a Jefferies analyst's Buy rating on Dollar General.

Video transcript

[AUDIO LOGO]

BRIAN SOZZI: All right, with the economy under pressure, we're getting a top pick call on dollar store Dollar General by Jefferies. Let's dive into this one real quickly.

Jefferies analyst Corey Tarlowe reiterated a buy rating on Dollar General after a meeting with management, and sees nearly 20% upside in the stock. Said Tarlowe, we believe the market under appreciates a likely upward trajectory to earnings, while valuation remains in line with historical averages. Dollar General is a high-quality, consistent, and predictable business. And we see upside to shares ahead.

JULIE HYMAN: Not today.

BRIAN SOZZI: Not today, though.