Truist Securities Maintains Buy on Five Below, Lowers Price Target to $222
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Scot Ciccarelli maintains a Buy rating on Five Below (NASDAQ:FIVE) and lowers the price target from $224 to $222.

June 02, 2023 | 12:12 pm
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NEUTRAL IMPACT
Truist Securities maintains a Buy rating on Five Below and lowers the price target from $224 to $222.
The news of Truist Securities maintaining a Buy rating on Five Below and lowering the price target from $224 to $222 is directly related to the company. However, the change in the price target is minimal, which indicates that the short-term impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100