Barclays Maintains Overweight on Five Below, Lowers Price Target to $176
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Karen Short maintains an Overweight rating on Five Below (NASDAQ:FIVE) but lowers the price target from $214 to $176.
June 06, 2024 | 3:18 pm
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Barclays analyst Karen Short maintains an Overweight rating on Five Below but lowers the price target from $214 to $176. This suggests a positive long-term outlook but a more cautious short-term view.
The Overweight rating indicates a positive long-term outlook, but the lowered price target suggests some short-term caution. Investors might see mixed signals, leading to neutral short-term price movement.
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