Citigroup Downgrades Five Below to Neutral, Lowers Price Target to $92
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Lejuez has downgraded Five Below (NASDAQ:FIVE) from Buy to Neutral and lowered the price target from $175 to $92.

July 17, 2024 | 1:48 pm
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Citigroup analyst Paul Lejuez downgraded Five Below from Buy to Neutral and significantly lowered the price target from $175 to $92.
The downgrade from Buy to Neutral and the significant reduction in the price target from $175 to $92 by a major analyst like Citigroup is likely to negatively impact investor sentiment and the stock price of Five Below in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100