Citigroup Maintains Neutral on Five Below, Lowers Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Lejuez maintains a Neutral rating on Five Below (NASDAQ:FIVE) and lowers the price target from $92 to $85.
August 21, 2024 | 3:09 pm
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Citigroup analyst Paul Lejuez maintains a Neutral rating on Five Below and lowers the price target from $92 to $85, indicating a cautious outlook.
The lowering of the price target from $92 to $85 by Citigroup suggests a less optimistic view on Five Below's short-term performance, which could lead to a negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100