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Five Below price target raised to $195 from $190 at Wells Fargo
The Fly

Five Below price target raised to $195 from $190 at Wells Fargo

Wells Fargo analyst Edward Kelly raised the firm’s price target on Five Below to $195 from $190 as he expects investors to pivot to this premier consumer growth name and the stock to recapture even more of its historical valuation premium in a stagnant consumer backdrop in 2023. The analyst keeps an Overweight rating on the shares.

Published first on TheFly

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