Mizuho Downgrades Five Below to Neutral, Lowers Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst David Bellinger has downgraded Five Below (NASDAQ:FIVE) from Outperform to Neutral and lowered the price target from $150 to $85.
July 17, 2024 | 10:34 am
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Mizuho analyst David Bellinger downgraded Five Below from Outperform to Neutral and reduced the price target from $150 to $85.
The downgrade from Outperform to Neutral and the significant reduction in the price target from $150 to $85 by Mizuho is likely to negatively impact investor sentiment and the stock price of Five Below in the short term.
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