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Five Below price target raised to $225 from $185 at Guggenheim

Guggenheim raised the firm’s price target on Five Below (FIVE) to $225 from $185 and keeps a Buy rating on the shares. A “memorable debut” for CEO Winnie Park sees her team re-establishing “a uniquely positioned growth brand just 15 months after some questioned whether it might be broken,” the analyst tells investors while raising the firm’s 2025-2027 profit forecasts.

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