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Five Below price target raised to $160 from $135 at Barclays

Barclays raised the firm’s price target on Five Below (FIVE) to $160 from $135 and keeps an Equal Weight rating on the shares following the Q3 report. The company’s Q3 results came in well ahead of expectations with momentum continuing into Q4, shrink improving, and tariff impact coming in better, the analyst tells investors in a research note.

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