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By Market News Video Staff, Friday, November 12, 2:23 PM ET
Barclays (NYSE:BCS) downgraded discount retailer Dollar Tree (NASDAQ:DLTR) today on valuation.
Barclays cut the rating from overweight to equalweight, maintaining a $53 price target.
Dollar Tree shares are trading down 2% on Friday.
The company is a 3.06% holding of the Dynamic MidCap Growth Portfolio (PWJ), not far behind top holding F5 Networks (NASDAQ:FFIV), at 3.67% of the portfolio.
Tiffany & Co. (NYSE:TIF) is the second-largest holding, at 3.66%, followed by Netflix (NFLX), at 3.58%.
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