Craig-Hallum Maintains Buy on Five Below, Lowers Price Target to $224
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Jeremy Hamblin maintains a Buy rating on Five Below (NASDAQ:FIVE) and lowers the price target from $235 to $224.
June 02, 2023 | 1:43 pm
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Craig-Hallum analyst lowers Five Below's price target from $235 to $224, but maintains Buy rating.
The news of Craig-Hallum analyst Jeremy Hamblin maintaining a Buy rating on Five Below (NASDAQ:FIVE) while lowering the price target from $235 to $224 may have a neutral short-term impact on the stock price. The lowered price target may cause some investors to reevaluate their positions, but the maintained Buy rating indicates that the analyst still believes in the company's potential for growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100