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.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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