JP Morgan Maintains Neutral on Five Below, Lowers Price Target to $87
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Matthew Boss maintains a Neutral rating on Five Below (NASDAQ:FIVE) but lowers the price target from $122 to $87.
July 17, 2024 | 8:21 pm
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NEGATIVE IMPACT
JP Morgan analyst Matthew Boss maintains a Neutral rating on Five Below but lowers the price target from $122 to $87.
The lowered price target from $122 to $87 by JP Morgan suggests a less optimistic outlook for Five Below, which could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100