Shares of Dollar Tree touched a record high on Monday thanks to news the company last week settled a lawsuit stemming from its Family Dollar divestitures. In response, RBC upped its price target to $128 from $111, well above the stock's recent peak. That's based on its Schaeffer's Volatility Scorecard (SVS) of 100 -- showing a strong tendency to make bigger-than-expected moves compared to what the options market has priced in. Not to mention it's now testing its average 12-month price target of $110.36. Visit SchaeffersResearch.com to discover how you can use stock options to complement your investing portfolio.
Source: Forbes January 11, 2018 15:45 UTC