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Fly News Breaks for June 7, 2018
FIVE
Jun 7, 2018 | 09:02 EDT
Wells Fargo analyst Edward Kelly raised his price target for Five Below to $105 from $76 as he believes the company's Q1 update "firmly cements" it as one of the premier growth stocks in consumer, as the company provided an "impressive" beat and raised guidance despite upcoming headwinds. The analyst reiterates an Outperform rating on the shares.