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Dollarama Price Target Lifted to $203.00 at National Bank

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National Bank raised its price target on the shares of Dollarama (DOL.TO) by $5.00 to $203.00 and maintained its outperform rating, ahead of the company reporting its fiscal first-quarter results on June 11.

Analyst Vishal Shreedhar is projecting earnings per share of $0.99 compared with consensus at $1.00 and same-store-sales growth of 4.0%, lower than last year's 4.9%.

"Our forecast of sequentially higher sssg (Q4/F26 was 1.5%; 3.5% adj. for the calendar shift) largely reflects positive article price inflation and a recovery from unfavourable weather last quarter, among other factors," Shreedhar adds.

Price: $176.64, Change: $+0.34, Percent Change: +0.19%

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