Truist Securities Maintains Buy on Five Below, Raises Price Target to $214
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Scot Ciccarelli has reaffirmed a Buy rating on Five Below (NASDAQ:FIVE) and increased the price target from $195 to $214.
November 30, 2023 | 7:10 pm
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POSITIVE IMPACT
Truist Securities analyst Scot Ciccarelli maintains a Buy rating on Five Below and raises the price target from $195 to $214, indicating a positive outlook on the stock.
The increase in price target by Truist Securities suggests a strong conviction in the future performance of Five Below. This endorsement from a reputable analyst could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100