Truist raised the firm’s price target on Five Below (FIVE) to $236 from $223 and keeps a Buy rating on the shares after its ICR presentation on Monday. Five Below’s broad-based sales momentum continued with a 14.5% comp over the holidays, and the management seems increasingly confident around sustainability through 2026 and “comping the comp” as revamped marketing and inventory strategies continue to support the broad-based sales breadth, the analyst tells investors in a research note.
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