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Five Below price target raised to $110 from $98 at Evercore ISI

Evercore ISI analyst Michael Montani raised the firm’s price target on Five Below (FIVE) to $110 from $98 and keeps an In Line rating on the shares. Five Below is focused on retail fundamentals by leaning into value and merchandising, and by absorbing a large portion of the tariff fallout from higher cogs, the company should emerge stronger with a sharper value proposition and an even sharper focus on trend right and fast turning merchandising, the analyst tells investors in a research note.

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