Evercore ISI Group Maintains In-Line on Five Below, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained an 'In-Line' rating for Five Below (NASDAQ:FIVE) but has lowered its price target from $101 to $95.
August 29, 2024 | 12:47 pm
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Evercore ISI Group has maintained an 'In-Line' rating for Five Below but has reduced the price target from $101 to $95, indicating a more cautious outlook.
The lowering of the price target from $101 to $95 by Evercore ISI Group suggests a more cautious outlook on Five Below's stock performance. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations.
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