B of A Securities Maintains Neutral on Five Below, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Melanie Nunez maintains a Neutral rating on Five Below (NASDAQ:FIVE) but lowers the price target from $104 to $75.
August 08, 2024 | 3:56 pm
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NEGATIVE IMPACT
B of A Securities analyst Melanie Nunez maintains a Neutral rating on Five Below but lowers the price target from $104 to $75.
The lowered price target from $104 to $75 by B of A Securities 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