B of A Securities Maintains Neutral on Five Below, Lowers Price Target to $104
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Melanie Nunez maintains a Neutral rating on Five Below (NASDAQ:FIVE) but lowers the price target from $125 to $104.
July 17, 2024 | 11:52 am
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B of A Securities analyst Melanie Nunez maintains a Neutral rating on Five Below (NASDAQ:FIVE) but lowers the price target from $125 to $104.
The lowered price target from $125 to $104 by B of A Securities suggests a less optimistic outlook for Five Below's stock performance. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100