RBC Capital Markets Modestly Lowers 3Q13 Estimates on Dollar General Ahead of Thursday Earnings Report

In a report published Tuesday, RBC Capital Markets analyst Scot Ciccarelli reiterated a Sector Perform rating and $63.00 price target on

. In the report, RBC Capital Markets noted, “We are modestly lowering our 3Q13 estimates for Dollar General. Despite our bullish long-term outlook for the company, we remain neutral on DG shares given the continuing macroeconomic pressures on Dollar General's core customer base.” Dollar General closed on Monday at $56.29.