B of A Securities Maintains Neutral on Five Below, Raises Price Target to $87
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on Five Below (NASDAQ:FIVE) while raising the price target from $75 to $87.
August 29, 2024 | 12:15 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
B of A Securities has maintained a Neutral rating on Five Below, but increased the price target from $75 to $87, indicating a positive outlook.
The increase in price target from $75 to $87 by B of A Securities suggests a positive outlook for Five Below, which could lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100