Telsey Advisory Group Maintains Outperform on Five Below, Lowers Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group has maintained an Outperform rating on Five Below (NASDAQ:FIVE) but has lowered the price target from $155 to $120.
July 17, 2024 | 6:31 pm
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NEUTRAL IMPACT
Telsey Advisory Group has maintained an Outperform rating on Five Below but has lowered the price target from $155 to $120.
The Outperform rating suggests continued confidence in Five Below's performance, but the lowered price target indicates some concerns about future growth or market conditions. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100