Melius Research Initiates Coverage On Five Below with Hold Rating, Announces Price Target of $100
Portfolio Pulse from Benzinga Newsdesk
Melius Research has initiated coverage on Five Below with a Hold rating and set a price target of $100.
September 23, 2024 | 5:53 pm
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NEUTRAL IMPACT
Melius Research has initiated coverage on Five Below with a Hold rating and a price target of $100, indicating a neutral stance on the stock.
The Hold rating suggests that the analyst does not expect significant short-term movement in the stock price. The price target of $100 provides a benchmark for investors, indicating that the stock is fairly valued at current levels.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100