NEW YORK (TheStreet) -- Shares of Dollar General (DG) - Get Report are up 0.18% to $74.42 in morning trading today as analysts raised their price targets after the retailer reported fourth quarter results yesterday.

Jefferies raised its target to $87 from $75, maintaining a "buy" rating.

"As comp store sales accelerate, management announced a plan to speed up store growth in 2017 to 7%. This in part reflects an expectation that Family Dollar (FDO) will slow growth as Dollar Tree (DLTR) - Get Report integrates this acquisition. Better sales and store growth, combined with a $1.3 billion buyback plan for this year and the initiation of a dividend, should translate to a better multiple for DG shares," Jefferies said.

Barclays increased its price target today to $74 from $63.

"Going forward, DG plans to add store labor in most of its geographies but selectively to specific stores, adjust its major remodel process so that the cost is lower and the return is higher, use data from the coupon center to better target promotional offers to its customers, and begin to refine store assortments so they more closely match local demand," Barclays noted.

BMO Capital Markets raised its target to $79 from $78, and reiterated its "outperform rating," citing continued "above-average" growth prospects, namely in comp-store sales.

Dollar General is a discount retailer which offers a selection of merchandise, including consumable products such as food, paper and cleaning products, health and beauty products, pet supplies and tobacco products, and non-consumable products such as seasonal merchandise, home decor and domestics, and basic apparel.

Separately, 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, solid stock price performance, growth in earnings per share, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. 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:

• DG's revenue growth has slightly outpaced the industry average of 3.4%. Since the same quarter one year prior, revenues slightly increased by 7.8%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
• The stock has not only risen over the past year, it has done so at a faster pace than the S&P 500, reflecting the earnings growth and other positive factors similar to those we have cited here. Looking ahead, unless broad bear market conditions prevail, we still see more upside potential for this stock, despite the fact that it has already risen over the past year.
• DOLLAR GENERAL CORP has improved earnings per share by 5.4% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, DOLLAR GENERAL CORP increased its bottom line by earning $3.17 versus $2.86 in the prior year. This year, the market expects an improvement in earnings ($3.50 versus $3.17).
• Net operating cash flow has increased to $353.62 million or 27.91% when compared to the same quarter last year. In addition, DOLLAR GENERAL CORP has also modestly surpassed the industry average cash flow growth rate of 27.86%.
• The current debt-to-equity ratio, 0.52, is low and is below the industry average, implying that there has been successful management of debt levels. Even though the company has a strong debt-to-equity ratio, the quick ratio of 0.11 is very weak and demonstrates a lack of ability to pay short-term obligations.
• You can view the full analysis from the report here: DG Ratings Report