Wells Fargo analyst Edward Kelly raised his price target for Five Below to $152 from $143 as he believes it stands out as a compelling investment idea in an increasingly difficult consumer investment landscape. Calling it a "must own stock," the analyst sees Five Below as having several catalysts that could "supercharge an already robust story" by driving comp and earnings upside in 2020 and beyond. Kelly reiterates an Outperform rating on the shares.
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here