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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Read More on FIVE:
- Five Below Faces Margin Pressures and Leadership Uncertainty Amidst Tariff Challenges, Leading to Sell Rating
- Five Below price target raised to $135 from $121 at Citi
- Five Below price target raised to $93 from $78 at BofA
- Five Below price target raised to $135 from $110 at Morgan Stanley
- Hold Rating Maintained for Five Below Amid Tariff Challenges and Growth Potential