Goldman Sachs raises Five Below price target to $135, citing brand perception and expansion potential.

From Financial Modeling Prep: 2025-06-24 16:39:00

Goldman Sachs raised Five Below’s price target to $135 and maintained a Buy rating, citing improving brand perception and potential for multiple expansion. Despite tariff exposure to China, concerns are factored into the current valuation. Positive consumer sentiment data and merchandising strategies are driving stronger performance. Second-quarter EPS estimate raised to $0.59.



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