Five Below (FIVE) Tops Q1 EPS by 1c, Boosts FY13 Outlook

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Goldman Sachs Waiting for Better Entry in Five Below (FIVE)

June 13, 2013 10:59 AM EDT

Goldman Sachs today maintained a Neutral rating on Five Below (NASDAQ: FIVE) with a modified price target of $41.00 (from $39.00). Yesterday Five Below reported Q1 results that topped estimates and improved guidance.

Commenting, Goldman's Stephen Grambling said, "While we were encouraged by... More