JP Morgan Maintains Overweight on Five Below, Lowers Price Target to $215
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Matthew Korn maintains an Overweight rating on Five Below (NASDAQ:FIVE) but lowers the price target from $222 to $215.

March 21, 2024 | 12:30 pm
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NEUTRAL IMPACT
JP Morgan maintains an Overweight rating on Five Below but lowers the price target from $222 to $215.
The adjustment in price target by a major analyst like JP Morgan can influence investor sentiment. However, since the rating remains Overweight, the impact is neutral, indicating continued confidence in the company's fundamentals despite a slight adjustment in the expected stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100