Morgan Stanley Maintains Overweight on Five Below, Raises Price Target to $225
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simeon Gutman has maintained an Overweight rating on Five Below (NASDAQ:FIVE) and increased the price target from $210 to $225.

November 30, 2023 | 3:26 pm
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Morgan Stanley analyst Simeon Gutman maintains an Overweight rating on Five Below and raises the price target from $210 to $225.
The increase in price target by a reputable analyst like Simeon Gutman from Morgan Stanley typically signals a positive outlook on the stock, suggesting a potential rise in its price in the short term. As the rating remains Overweight, it indicates that the analyst expects the stock to outperform the sector or the market. This can lead to increased investor confidence and potentially drive up the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100