Truist analyst Scot Ciccarelli raised the firm’s price target on Five Below (FIVE) to $179 from $168 and keeps a Hold rating on the shares. The company posted very strong results, with a comp gain of 14.3%, better shrink results, and tariff-mitigation efforts having more than offset tariff-related headwinds and higher incentive comp, the analyst tells investors in a research note. Truist adds however that the company will be up against massive comparisons throughout FY26, and the valuation has already re-rated towards historical levels.
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Read More on FIVE:
- Five Below price target raised to $195 from $170 at Telsey Advisory
- Five Below price target raised to $215 from $185 at Jefferies
- Five Below price target raised to $180 from $175 at Evercore ISI
- Five Below price target raised to $210 from $204 at UBS
- Five Below price target raised to $197 from $186 at JPMorgan