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Five Below price target raised to $260 from $240 at Telsey Advisory

Telsey Advisory analyst Joseph Feldman raised the firm’s price target on Five Below (FIVE) to $260 from $240 and keeps an Outperform rating on the shares. The company reported “strong” Q4 results and has indicated Q1 is off to a strong start based on its better-than-anticipated Q1 guidance, the analyst tells investors.

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