Goldman Sachs Downgrade Shaves 5% Off Five Below
October 28, 2015 at 09:29 AM EDT
Discount retailer Five Below (FIVE) is down nearly 5% in early trading, following a downgrade from Goldman Sachs. Lucas Jackson/Reuters Analyst Stephen Grambling and his team cut their rating on the stock from Neutral to Sell and lowered their price target from $34 to $30. He writes that the move comes as consensus revenue estimates […]
