Telsey Advisory lowered the firm’s price target on Five Below (FIVE) to $85 from $115 and keeps a Market Perform rating on the shares. The firm is encouraged by the company’s progress on its turnaround but plans to wait to see improvement in sales and profits, the analyst tells investors.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FIVE:
- Five Below price target lowered to $75 from $120 at Loop Capital
- Options Volatility and Implied Earnings Moves This Week, March 17 – March 21, 2025
- Five Below price target lowered to $93 from $118 at Truist
- Five Below price target lowered to $115 from $130 at Gordon Haskett
- Five Below Faces Margin Pressures Amidst Vulnerability to Tariff Risks from Chinese Imports