Telsey Advisory Group Maintains Outperform on Five Below, Lowers Price Target to $155
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group has maintained an Outperform rating on Five Below (NASDAQ:FIVE) but has lowered the price target from $220 to $155.
June 06, 2024 | 12:41 pm
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Telsey Advisory Group has maintained an Outperform rating on Five Below but has lowered the price target from $220 to $155, indicating a more cautious outlook.
The lowered price target from $220 to $155 suggests a more cautious outlook on Five Below's future performance, which could lead to a short-term negative impact on the stock price despite the maintained Outperform rating.
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