Truist raises Five Below price target to $302
The higher target is a bullish analyst catalyst, tempered by the stock’s decline since the update and the uncertainty inherent in price targets.
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The higher target is a bullish analyst catalyst, tempered by the stock’s decline since the update and the uncertainty inherent in price targets.
What happened, with direct paths to the underlying reporting
Truist Financial raised its price target for Five Below to $302; the cited posted price was $252.01. The target implies potential upside, but analyst targets are opinions and the stock had fallen 4.27% since the signal.
Target: $302
Posted price: $252.01
Analyst firm: Truist Financial
Analyst: Scot Ciccarelli
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