Five Below (FIVE) PT Lowered to $145 at Wells Fargo
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Despite mixed earnings Five Below is still a good long-term growth story. Here's why
June 6, 2024 8:00 PM EDTFive Below's (NASDAQ: FIVE) recent earnings report presented a mixed picture, but UBS analysts believe the company's long-term growth prospects are still strong.
"FIVE's 1Q print fell short of expectations," UBS acknowledges. The company's sales growth came in lower than anticipated, and early signs... More
Five Below (FIVE) PT Lowered to $155 at Deutsche Bank
June 6, 2024 11:22 AM EDTDeutsche Bank analyst Paul Trussell lowered the price target on Five Below (NASDAQ: FIVE) to $155.00 (from $177.00) while maintaining a Buy rating.
The analyst comments "With the challenged macro landscape weighing heavily on its core lower-income consumer, FIVE delivered 1Q results that were worse-than-feared. FIVE saw... More
Five Below (FIVE) PT Lowered to $176 at Barclays
June 6, 2024 9:25 AM EDTBarclays analyst Karen Short lowered the price target on Five Below (NASDAQ: FIVE) to $176.00 (from $214.00) while maintaining a Overweight rating.
The analyst comments "The Q1 slowdown and guidance cut overshadowed positive signals from shrink initiatives, which was one of the bigger debates... More
