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Fly News Breaks for September 3, 2015
FIVE
Sep 3, 2015 | 08:03 EDT
Susquehanna noted Five Below reported Q2 earnings at the high end of guidance and said its lower comps were negatively impacted by one-time factors. The firm believes the company will be positively impacted by its growing brand awareness, store growth, e-commerce and marketing. Susquehanna reiterated its Positive rating and $43 price target on Five Below shares, which are down $3.41, or 9%, to $34.60 in pre-market trading.
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