Five Below (FIVE) PT Lowered to $145 at Wells Fargo
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Go back to Five Below (FIVE) PT Lowered to $145 at Wells Fargo
June 6, 2024 8:00 PM EDT
Five 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
June 6, 2024 11:22 AM EDT
Deutsche 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
June 6, 2024 9:25 AM EDT
Barclays 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
