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Five Below's stock hits 52-week high of $128.02 on strong Q2 earnings and raised analyst targets.
Five Below's stock reached a 52-week high after Loop Capital raised its price target to $130.00, following better-than-expected Q2 earnings of $0.86 per share.
Despite positive analyst views from UBS ($160.00 target) and Evercore ISI ($115 target), the stock has an average "Hold" rating with a target of $112.40.
The specialty retailer, known for its value offerings, saw its stock trade at $128.02 with 6.21 million shares exchanged.
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Las acciones de Five Below alcanzan un máximo de 52 semanas de $128.02 en fuertes ganancias del segundo trimestre y elevaron los objetivos de los analistas.