Truist Securities Maintains Buy on Five Below, Lowers Price Target to $136
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained its Buy rating on Five Below (NASDAQ:FIVE) but has lowered the price target from $176 to $136.
June 06, 2024 | 4:34 pm
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Truist Securities has maintained its Buy rating on Five Below but has lowered the price target from $176 to $136.
The Buy rating suggests continued confidence in the stock's potential, but the lowered price target indicates a more cautious outlook on its short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100