Mizuho raised the firm’s price target on Five Below (FIVE) to $132 from $115 and keeps a Neutral rating on the shares. The firm increased estimates ahead of the company’s Q2 report. Channel checks suggest Five Below’s comp sales could easily top its 7%-9% guidance and stretch well into the double-digit range, the analyst tells investors in a research note. Mizuho is more positive on the shares but still thinks they “may be due for a breather” after rallying 35% in 2025.
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