Truist lowered the firm’s price target on Five Below (FIVE) to $86 from $93 and keeps a Hold rating on the shares. The company’s Q4 results were a bit above the firm’s forecasts and the management tried to quantify the tariff impact, but while nearer-term trends are poised to accelerate as comparisons ease materially in Spring/early Summer, earnings in 2025 will likely decline by over 10% due to tariffs and deleverage, the analyst tells investors in a research note. Near term may see strength, but a “hard fate” could be coming as focus in the second half turns to tariffs, Truist adds.
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Read More on FIVE:
- Five Below price target lowered to $110 from $120 at Morgan Stanley
- Balanced Outlook for Five Below: Positive Momentum Amid Seasonal and Tariff Challenges
- Five Below Faces Tariff Pressures and Limited Growth Prospects Despite Strong Q4 Performance
- Five Below price target lowered to $95 from $125 at Melius Research
- Five Below’s Mixed Financial Outlook: Strong Q4 Results Offset by Tariff Challenges and Cautious Hold Rating