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Fly News Breaks for June 7, 2018
FIVE
Jun 7, 2018 | 08:04 EDT
Credit Suisse analyst Judah Frommer raised his price target for Five Below to $96 from $88 after the company delivered better earnings than anticipated in Q1, but more importantly guided to flat comps in Q2, a key area of focus for investors as the fidget spinner trend that began in mid-April last year is now being lapped. The analyst reiterates an Outperform rating on the shares.
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