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Dollar Tree, Inc. (NASDAQ:DLTR) reported slightly lower than expected Q2 comps, and RBC Capital thinks that the company’s Q3 guidance was “somewhat conservative.” The firm still to expects the company to thrive within the current weak economy, and it keeps an Outperform rating on the stock. Also, BMO Capital has increased its FY12 EPS estimate for the company above guidance, as it predicts that the company will buy back stock, which is not included in guidance. The firm keeps its Outperform rating and a $60 target on the stock.
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Ares Capital Corporation (NASDAQ:ARCC): According to SunTrust, Ares Capital’s $350 million equity raise suggests that the company has healthy investment opportunities and will possess a greater capacity to add to its portfolio. The firm keeps its Buy rating and recommends purchasing shares on weakness. The company’s price target has been raised to $17.75 from $17.30.
FedEx Corporation (NYSE:FDX) estimates were lowered by Goldman due to slower near-term volume growth, but the firm believes that the market is overly discounting earnings risk, and it reiterates its Buy rating and $101 price target.
Gap Inc. (NYSE:GPS) targer was raised by BMO Capital increased after the company reported a higher Q2 EPS than expected. The firm thinks that that all areas of the company’s business had solid showings, and it keeps an Outperform rating on the stock.
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