Loop Capital Maintains Hold on Five Below, Lowers Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Anthony Chukumba maintains a 'Hold' rating on Five Below (NASDAQ:FIVE) and lowers the price target from $200 to $175.
August 31, 2023 | 2:27 pm
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Loop Capital has maintained a 'Hold' rating on Five Below and lowered the price target from $200 to $175.
The news directly pertains to Five Below as the company's stock rating has been maintained by Loop Capital. However, the lowering of the price target could indicate a less optimistic outlook for the company's stock, potentially impacting investor sentiment and the stock's short-term performance.
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