NEW YORK (TheStreet) -- Dollar General ahad its price target raised by analysts ataBMO Capital Marketsato $78 from $65,awhile also maintainingathe company'sa"outperform" rating. "While DG's 2Q14 margin and sales results continue to point to challenges theacompany and the industry face, growing transactions and margin, albeitaimproved in 2Q14 from the 1Q14 and in August from 2Q14, we believe theaproposed acquisition of Family Dollar and related synergies that are materially accretive to EPS will likely overshadow the 2Q14 result," said BMO Capital analysts. Yesterday, Dollar General reported a 7.5% increase in second quarter revenue to $4.72 billion, while earning 83 cents per diluted share, in line with analysts expectations. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. The company also said that it still wants to buy rival retailer Family Dollar despite the fact that its $9 billion takeover bid was rejected. Dollar General shares are down -0.6% to $63.80 in early market trading today. TheStreet Ratings team rates DOLLAR GENERAL CORP as a Buy with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation: "We rate DOLLAR GENERAL CORP (DG) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, growth in earnings per share, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins." Highlights from the analysis by TheStreet Ratings Team goes as follows: You can view the full analysis from the report here: DG Ratings Report DG data by YCharts EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he and Stephanie Link think could be potentially HUGE winners. Click here to see the holdings for FREE.
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