B of A Securities Maintains Buy on Five Below, Lowers Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Jason Haas maintains a Buy rating on Five Below (NASDAQ:FIVE) but lowers the price target from $242 to $230.

August 31, 2023 | 2:58 pm
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NEUTRAL IMPACT
B of A Securities maintains a Buy rating on Five Below but lowers the price target from $242 to $230.
The news is directly about Five Below. The maintained Buy rating indicates continued confidence in the company's performance, which could be positive for the stock. However, the lowered price target might indicate a slightly less optimistic outlook, which could have a neutral to slightly negative impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100