Guggenheim Maintains Buy on Five Below, Lowers Price Target to $165
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst John Heinbockel maintains a Buy rating on Five Below (NASDAQ:FIVE) but lowers the price target from $230 to $165.
June 06, 2024 | 4:59 pm
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Guggenheim analyst John Heinbockel maintains a Buy rating on Five Below but lowers the price target from $230 to $165.
The Buy rating suggests continued confidence in the stock, but the lowered price target indicates a more cautious outlook. This mixed signal may result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100