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Wajeeh Khan

Mizuho Just Upgraded Five Below Stock. Here's Why.

Mizuho Five Below Five AI

Mizuho upgraded Five Below (FIVE) shares from “Neutral” to “Outperform” on July 9, while slightly trimming its price target to $220 from $225. The upgrade reflects the investment firm’s view that FIVE’s steep selloff has created an attractive entry point for investors willing to look past near-term market volatility.

At the time of writing, Five Below stock is down more than 25% versus its April high.

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