JP Morgan Maintains Neutral on Five Below, Raises Price Target to $89
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Matthew Boss maintains a Neutral rating on Five Below (NASDAQ:FIVE) and raises the price target from $86 to $89.
August 29, 2024 | 1:31 pm
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NEUTRAL IMPACT
JP Morgan has maintained a Neutral rating on Five Below while slightly increasing the price target from $86 to $89, indicating a modestly positive outlook.
The Neutral rating suggests that JP Morgan does not expect significant short-term price movement, but the raised price target indicates a slightly improved outlook. This could lead to a stable or slightly positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100