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Fly News Breaks for February 22, 2019
FIVE
Feb 22, 2019 | 07:05 EDT
JPMorgan analyst Matthew Boss downgraded Five Below to Neutral from Overweight with an unchanged price target of $139. The analyst sees a "balanced" risk/reward with the shares up 85% in the past nine months. Five Below's "best-in-class store economics" and sales consistency are now better understood, Boss tells investors in a research note.
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