Telsey Advisory Group Maintains Outperform on Five Below, Lowers Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Joseph Feldman maintains an Outperform rating on Five Below (NASDAQ:FIVE) but lowers the price target from $230 to $220.

March 21, 2024 | 9:34 am
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Telsey Advisory Group maintains an Outperform rating on Five Below but lowers the price target from $230 to $220.
The adjustment in price target by Telsey Advisory Group, while maintaining an Outperform rating, suggests a continued positive outlook on Five Below but with a slightly moderated growth expectation. This could lead to a neutral short-term impact on the stock as the market digests the revised target alongside the maintained positive rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100