Truist raised the firm’s price target on Five Below (FIVE) to $88 from $87 and keeps a Hold rating on the shares as part of a broader research note previewing Q3 results among select Consumer names. Truist data indicates that the big acceleration in sales during September saw that pace sustained in October, the analyst tells investors in a research note.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FIVE:
- Five Below downgraded to Sector Weight from Overweight at KeyBanc
- Trump Media, broader market surge after Trump wins election: Morning Buzz
- Five Below downgraded, Snowflake upgraded: Wall Street’s top analyst calls
- Five Below downgraded to Underperform at BofA with Trump tariffs ‘looming’
- Five Below downgraded to Underperform from Neutral at BofA