Shares of Five Below (FIVE) are almost at a buy point, after an analyst upgraded the stock to a buy rating, calling it the next TJX Cos. (TJX) of value retailing. Jefferies analyst Randal Konik raised Five Below to buy from neutral, and gave the price target a hefty increase to 350 from 210. The stock climbed 2% to 242.82…
Extract — continue reading at the source.
Related stories
The critical tech staying safe by going underground
'Banned over a pair of £2 sandals': Why some sellers are complaining about Vinted
Mobile payments on the rise but cash decline slows
Canada faces deadline to stop US tariffs on $20bn of exports
Introducing Ulez was my hardest decision as mayor of London – but now we know its astonishing impact | Sadiq Khan
Meta is facing its ‘Big Tobacco’ moment — and investors can profit