Piper Sandler and Loop upgrade Dollar Tree after discount retailer announces new chairman

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Jesse Pound@/in/jesse-pound@jesserpound
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People walk by a Dollar Tree store in the Brooklyn borough of New York City, December 11, 2018.
Spencer Platt | Getty Images News | Getty Images

Two Wall Street firms upgraded Dollar Tree on Wednesday after the discount retail chain brought in an industry veteran to lead its board of directors.