Wells Fargo Maintains Overweight on Five Below, Lowers Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Edward Kelly maintains an Overweight rating on Five Below (NASDAQ:FIVE) but lowers the price target from $145 to $115.
July 17, 2024 | 2:29 pm
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Wells Fargo analyst Edward Kelly maintains an Overweight rating on Five Below but lowers the price target from $145 to $115.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some concerns about future performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100