UBS Maintains Buy on Five Below, Lowers Price Target to $230
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Michael Lasser maintains a Buy rating on Five Below (NASDAQ:FIVE) but lowers the price target from $240 to $230.
August 31, 2023 | 1:33 pm
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UBS maintains a Buy rating on Five Below but lowers the price target from $240 to $230.
The news is directly related to Five Below. While the maintained Buy rating is positive, the lowered price target might indicate a potential slowdown in growth or increased risk, which could have a neutral to slightly negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100