B of A Securities Reinstates Neutral on Five Below, Announces $125 Price Target
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has reinstated a Neutral rating on Five Below (NASDAQ:FIVE) with a price target of $125.
June 14, 2024 | 12:11 pm
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NEUTRAL IMPACT
B of A Securities has reinstated a Neutral rating on Five Below with a price target of $125. This suggests a cautious outlook on the stock's performance.
The Neutral rating indicates that the analyst does not expect significant upside or downside in the short term. The $125 price target provides a benchmark for investors, but the neutral stance suggests limited immediate impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100