Citigroup Maintains Buy on Five Below, Lowers Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Lejuez maintains a Buy rating on Five Below (NASDAQ:FIVE) and lowers the price target from $225 to $220.
May 24, 2023 | 10:32 am
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Citigroup maintains Buy rating on Five Below (NASDAQ:FIVE) and lowers the price target from $225 to $220.
The news of Citigroup maintaining a Buy rating on Five Below indicates a positive outlook for the company. However, the lowering of the price target from $225 to $220 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100