Gordon Haskett Downgrades Five Below to Accumulate, Lowers Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Gordon Haskett analyst Chuck Grom downgrades Five Below (NASDAQ:FIVE) from Buy to Accumulate and lowers the price target from $210 to $200.
April 03, 2024 | 11:32 am
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Five Below downgraded by Gordon Haskett from Buy to Accumulate with a price target reduction from $210 to $200.
Downgrades typically lead to a negative perception among investors, potentially causing a short-term decline in stock price. The reduction in price target further emphasizes a tempered outlook for the stock's future performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100