Citigroup Maintains Buy on Five Below, Raises Price Target to $227
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Lejuez has reaffirmed a Buy rating on Five Below (NASDAQ:FIVE) and increased the price target from $220 to $227.
November 30, 2023 | 11:44 am
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POSITIVE IMPACT
Citigroup has maintained a Buy rating on Five Below and raised the price target from $220 to $227, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Paul Lejuez from Citigroup typically signals confidence in the company's future performance and can lead to increased investor interest and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100