Barclays analyst Seth Sigman raised the firm’s price target on Five Below (FIVE) to $135 from $120 and keeps an Equal Weight rating on the shares. The company’s fiscal Q2 report confirmed its strong sales momentum, which is broad based across categories, the analyst tells investors in a research note. Barclays upped estimates following the earnings print.
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Read More on FIVE:
- Five Below price target raised to $170 from $140 at Wells Fargo
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