Barclays Maintains Overweight Rating on Dollar General (DG)

Dollar General Corporation (NYSE:DG) is one of the 10 Undervalued Counter Cyclical Stocks to Buy Now.

On June 4, 2026, Barclays lowered the firm’s price target on Dollar General Corporation (NYSE:DG) to $148 from $151 and maintained an Overweight rating on the shares. Barclays said the company reported a good quarter and estimates are moving higher, though the results “failed to excite the market.” The firm said Dollar General’s risk/reward remains attractive and that post-earnings concerns “could be wrong.”

On June 3, 2026, Bernstein raised the firm’s price target on Dollar General Corporation (NYSE:DG) to $149 from $146 and maintained an Outperform rating on the shares. The firm said the company’s Q1 beat was led by gross margin. Comparable sales growth of 2.0% was slightly below the sell-side consensus of 2.1%, but better than feared versus buy-side expectations. Bernstein also noted a 65bps year-over-year improvement in gross margin, driven by higher inventory markups and lower shrinkage and damages, partly offset by increased markdowns and fuel costs.

Copyright: nicoletaionescu / 123RF Stock Photo

On June 2, 2026, Dollar General Corporation (NYSE:DG) reported Q1 EPS of $2.00, compared with consensus of $1.89, and revenue of $10.8B, compared with consensus of $10.81B. Q1 same-store sales increased 2%. CEO Todd Vasos said EPS exceeded the company’s expectations as operating margin expansion more than offset severe winter weather and higher fuel costs, while topline results were supported by positive customer traffic and balanced category growth.

Dollar General Corporation (NYSE:DG) is a discount retailer that provides merchandise products across the southern, southwestern, midwestern, and eastern United States.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

Disclosure: None. Follow Insider Monkey on Google News.