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Fly News Breaks for June 3, 2016
FIVE
Jun 3, 2016 | 07:41 EDT
Stifel says that Five Below benefited from strong and accelerating sales trends throughout Q1. It expects these trends to continue and views the company's comp guidance as conservative. The firm raised its price target on the name to $48 from $42 and keeps a Buy rating on the shares.
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