Wells Fargo Maintains Overweight on Five Below, Raises Price Target to $215
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst George Kelly has maintained an Overweight rating on Five Below (NASDAQ:FIVE) and increased the price target from $205 to $215.
November 30, 2023 | 2:12 pm
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Wells Fargo analyst George Kelly reaffirmed an Overweight rating on Five Below and raised the price target to $215, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like George Kelly from Wells Fargo typically signals a strong conviction in the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100