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Five Below’s return to algorithm guide for 2023 to support stock, says Roth MKM

Roth MKM analyst David Bellinger keeps a Buy rating and $240 price target on Five Below ahead of its Q4 results this week. The analyst is "optimistic" that the company’s return to algorithm guide for 2023 will provide support for shares and serve as an incremental near-term catalyst, the firm tells investors in a research note.

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