UBS Maintains Buy on Five Below, Lowers Price Target to $108
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Michael Lasser maintains a Buy rating on Five Below (NASDAQ:FIVE) but lowers the price target from $120 to $108.

August 21, 2024 | 1:56 pm
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NEUTRAL IMPACT
UBS analyst Michael Lasser maintains a Buy rating on Five Below but lowers the price target from $120 to $108, indicating a slightly less optimistic outlook.
The maintenance of a Buy rating suggests continued confidence in Five Below's performance, but the lowered price target indicates a tempered outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100