Craig-Hallum Maintains Buy on Five Below, Lowers Price Target to $215
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Jeremy Hamblin maintains a 'Buy' rating on Five Below (NASDAQ:FIVE) but lowers the price target from $224 to $215.
August 31, 2023 | 1:23 pm
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NEUTRAL IMPACT
Five Below's price target has been lowered from $224 to $215 by Craig-Hallum, though the 'Buy' rating is maintained.
The lowering of the price target could potentially create a negative sentiment among investors, but the maintained 'Buy' rating indicates that the analyst still sees potential in the stock. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100