Dollar Tree, $DG, has said that it’s gaining market share with higher-income consumers and could raise prices on some products to offset President Donald Trump’s tariffs.

MARKET UPDATES: CONSUMER: 🔸 $DG upgraded to Overweight (BofA). 🔸 Macau casinos ($WYNN, $LVS, $MLCO, $MGM): Gaming revenue +0.8% YoY. 🔸 $LI: March deliveries 36,674 (+26.5% YoY). 🔸 $NIO: March deliveries 15,039 (+14% MoM). 🔸 $PVH: Q4 EPS $3.27 (beat), revenue -4.8% YoY. 🔸 $TSLA: Denmark sales -65.6% YoY. 🔸 $ULTA: Upgraded to Buy, price target raised to $423. ENERGY & INDUSTRIALS: 🔸 $AAL, $DAL, $LUV: Downgraded (Jefferies). 🔸 Oil: Brent stabilizes after Trump’s Russia comments. 🔸 $CVX: Sells East Texas gas assets ($1.2B+ value). 🔸 $EE: 7M-share secondary offering priced at $26.50. FINANCIALS: 🔸 $LPLA: 4.7M-share secondary offering at $320. 🔸 $V: $375M escrow deposit, reducing Class B shares. 🔸 $WRB: Downgraded (BofA). HEALTHCARE: 🔸 $JNJ: $10B talc settlement rejected by U.S. judge. 🔸 Drugmakers: Lobby Trump to phase in pharma tariffs. TECH & MEDIA: 🔸 $LYV, $SEAT: Fall after Trump’s executive order on ticket pricing. 🔸 $PRGS: Q1 EPS $1.31 (beat), raises full-year guidance. 🔸 $SPIR: Q4 EPS loss ($2.21), weak Q1 outlook.

Dollar General, $DG, CEO has said that consumers 'only have enough money for basic essentials'

This is unusual. Politician Marjorie Taylor Green has bought up to $15,000 of numerous stocks. She bought CrowdStrike, $CRWD, Dollar General, $DG, Goldman Sachs, $GS, and Tesla, $TSLA. She also bought iShares Bitcoin ETF, $IBIT.

Trade deal incoming ?

This is unusual. Politician Marjorie Taylor Green has bought u to $15,000 of numerous stocks. She bought CrowdStrike, $CRWD, Dollar General, $DG, Goldman Sachs, $GS, and Tesla, $TSLA. She also bought iShares Bitcoin ETF, $IBIT.

#Downgrades - Mar 03, 2025 • $AGCO: Baird Downgrades to Neutral from Outperform - PT $100 (from $116) • $CNH: Baird Downgrades to Neutral from Outperform - PT $15 (from $16) • $DE: Baird Downgrades to Neutral from Outperform - PT $501 • $DG: Deutsche Bank Downgrades to Hold from Buy - PT $80 (from $90) • $DV: Cannonball Research Downgrades to Neutral from Buy - PT $14 • $FOX: Arete Downgrades to Neutral from Buy - PT $66 • $FTAI: Stifel Downgrades to Hold from Buy - PT $123 (from $100) • $KC: Nomura Downgrades to Neutral from Buy - PT $18.10 (from $6.70) • $KRP: Raymond James Downgrades to Market Perform from Strong Buy • $LUV: JPMorgan Downgrades to Underweight from Neutral - PT $25 • $SRE: Jefferies Downgrades to Hold from Buy - PT $77 (from $96) • $TNDM: Bernstein Downgrades to Market Perform from Outperform - PT $25 (from $35) • $TNDM: Wells Fargo Downgrades to Equal Weight from Overweight - PT $22 (from $38) • $ZLAB: BofA Securities Downgrades to Neutral from Buy - PT $36.10 (from $29)

#Upgrades - Dec 06, 2024 • $ACN: Goldman Sachs Upgrades to Buy from Neutral - PT $420 (from $370) • $ASAN: KeyBanc Upgrades to Sector Weight from Underweight • $BRX: BMO Capital Upgrades to Outperform from Market Perform - PT $33 • $DG: BofA Securities Upgrades to Buy from Underperform - PT $95 • $EPAM: Goldman Sachs Upgrades to Buy from Neutral - PT $295 (from $235) • $FTI: Jefferies Upgrades to Buy from Hold - PT $40 (from $29) • $KC: UBS Upgrades to Buy from Neutral - PT $12.50 (from $4.20) • $PCH: BMO Capital Upgrades to Outperform from Market Perform - PT $51 • $PJT: UBS Upgrades to Neutral from Sell - PT $175 (from $130) • $PTON: UBS Upgrades to Neutral from Sell - PT $10 (from $2.50) • $PUMP: JPMorgan Upgrades to Neutral from Underweight - PT $10 • $RIG: JPMorgan Upgrades to Neutral from Underweight - PT $5 • $RSG: BMO Capital Upgrades to Outperform from Market Perform - PT $238 • $SHOP: Loop Capital Upgrades to Buy from Hold - PT $140 • $SITE: Jefferies Upgrades to Buy from Hold - PT $175 (from $145) • $TKR: Jefferies Upgrades to Buy from Hold • $WSBC: Raymond James Upgrades to Strong Buy from Outperform - PT $44 (from $35) • $WY: BMO Capital Upgrades to Outperform from Market Perform - PT $38

$DG RESULTS: Q3 • • EPS $0.89 vs. $1.26 y/y, EST $0.95 Net sales $10.18B, +5% y/y, EST $10.14B • Gross margin 28.8% vs. 29% y/y, EST 28.4% • SG&A as percentage of revenue 25.7% vs. 24.5% y/y, EST 24.8% • Operating profit $323.8M, -25% y/y, EST $341.2M NINE MONTH RESULTS • Square footage growth +5.1% • Net addition of stores 537 RESULTS: Q3 • ADJ EPS $0.24, EST $0.33 • Sales $1.35B, EST $1.37B • ADJ operating income $16.2M, EST $19.9M • Inventory $2.14B

STOCKS ON THE MOVE $ONCO, up 82.4% $CNEY, up 57.8% $BMY: up 4.4% premarket, Gains as FDA approves its schizophrenia drug China ADRs extend their rally on latest stimulus push $BABA: up 0.4% premarket $JD: up 2.6% premarket $PDD, up 1.33% premarket $LI: up 0.4% premarket $SAVA: down 11.7% premarket, after SEC charges co for misleading Alzheimer's drug trial claims $COST: down 1.0% premarket, after Q4 results; brokerages hike PT $DG: down 2.5% premarket, Citi downgrades Dollar General citing tough sales recovery as Walmart takes market share $ESTA: up 27.3% premarket, on US FDA nod for Motiva breast implants $KMX: up 0.7% premarket, Brokerages raise Carmax PT on expectations of recovery in US used car market $WVE: up 2.2% premarket, JP Morgan resumes coverage with 'overweight' $IONQ: up 8.1% premarket, Gains on $54.5 mln contract with US Air Force Research Lab $BMBL: down 2.2% premarket, Down after KeyBanc downgrades to 'sector weight'

#Downgrades - Sep 27, 2024 $AGIO: Leerink Partners Downgrades to Market Perform from Outperform - PT $56 (from $60) $ASC: Fearnley Downgrades to Hold from Buy - PT $19 $BMBL: KeyBanc Downgrades to Sector Weight from Overweight $CLDX: Wolfe Research Downgrades to Peerperform from Outperform $DG: Citi Downgrades to Sell from Neutral - PT $73 (from $91) $HPQ: BofA Securities Downgrades to Neutral from Buy - PT $37 $MEDP: UBS Downgrades to Neutral from Buy - PT $350 (from $420) $SMAR: Citi Downgrades to Neutral from Buy - PT $56.50 (from $63) $SMMT: Citi Downgrades to Neutral from Buy - PT $23 (from $19) $STNG: Fearnley Downgrades to Hold from Buy - PT $80 $TRMD: Fearnley Downgrades to Hold from Buy $VIPS: CCB Int'l Downgrades to Neutral from Outperform - PT $15.50