Five Below (NASDAQ:FIVE) was downgraded by investment analysts at Evercore ISI to a “hold” rating in a note issued to investors on Sunday, AnalystRatings.com reports.
Several other research analysts have also weighed in on the stock. Telsey Advisory Group boosted their price objective on shares of Five Below from $230.00 to $240.00 and gave the stock an “outperform” rating in a research note on Friday. Jefferies Financial Group upped their price target on shares of Five Below from $260.00 to $300.00 and gave the company a “buy” rating in a research note on Friday. Barclays boosted their price objective on shares of Five Below from $180.00 to $205.00 and gave the company an “equal weight” rating in a report on Thursday, March 18th. They noted that the move was a valuation call. Deutsche Bank Aktiengesellschaft upped their price target on shares of Five Below from $202.00 to $252.00…
