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Fly News Breaks for January 31, 2018
FIVE
Jan 31, 2018 | 07:13 EDT
Gordon Haskett analyst Chuck Grom said he remains positively biased on the Broadlines and Hardlines Retail sector and he upgraded Five Below to Accumulate from Hold after reranking the names he covers in the space. After meeting with company management recently at ICR, Gron has a new found respect for the "revenue waterfall" potential of the Five Below brand, he tells investors. He raised his price target on Five Below to $75 from $63.
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