Citi raised the firm’s price target on Five Below (FIVE) to $175 from $150 and keeps a Neutral rating on the shares. The firm sees near-term momentum for the business following the Q3 beat. Five Below’s pricing benefits and strong traffic growth should continue in Q4 and into the first half of 2026, the analyst tells investors in a research note. However, Citi sees a more balanced risk/reward at current share levels.
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Read More on FIVE:
- Five Below price target raised to $132 from $110 at BofA
- Five Below price target raised to $190 from $175 at Wells Fargo
- Five Below price target raised to $160 from $135 at Barclays
- Cautious Outlook on Five Below: Strong Sales Momentum Overshadowed by Potential Earnings Decline and Profitability Challenges
- Five Below: Strong Q3 Performance Amid Growth Sustainability Concerns