Keybanc Maintains Overweight on Five Below, Lowers Price Target to $106
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Bradley Thomas maintains an Overweight rating on Five Below (NASDAQ:FIVE) but lowers the price target from $115 to $106.
August 29, 2024 | 4:22 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Keybanc analyst Bradley Thomas maintains an Overweight rating on Five Below but lowers the price target from $115 to $106, indicating a slightly less optimistic outlook.
The lowering of the price target from $115 to $106 suggests a less optimistic view on Five Below's short-term performance, which could lead to a negative impact on the stock price. However, the Overweight rating indicates continued confidence in the stock's potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100