Credit Suisse Lowers Price Target on Dillard’s (DDS)
Credit Suisse reported on Thursday that it has cut its price target on apparel company Dillard’s, Inc. (DDS).
The firm, which currently has an “Outperform” rating on DDS, has lowered the company’s price target to $93. This price target suggests a 9% increase from the stock’s current price of $85.03. Analysts have also reduced estimates on the company.
Dillard’s shares were up $6.22, or 7.88%, during Thursday morning trading. The stock has been mostly flat YTD.
The Bottom Line
Shares of Dillard’s, Inc. (DDS) have a 0.24% yield based on Thursday morning’s price of $85.03.
Dillard’s, Inc. (DDS) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.
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