Guggenheim Maintains Buy on Five Below, Lowers Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst John Heinbockel maintains a Buy rating on Five Below (NASDAQ:FIVE) but lowers the price target from $165 to $125.
July 17, 2024 | 5:55 pm
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NEUTRAL IMPACT
Guggenheim analyst John Heinbockel maintains a Buy rating on Five Below but lowers the price target from $165 to $125.
The Buy rating suggests continued confidence in the stock, but the lowered price target indicates a more cautious outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100