Five Below rises after Citi lifts PT on tariff mitigation

Five Below

27/05/2025 18:48

** Shares of discount chain Five Below FIVE.O up 6.8% at $114.53

** Citi raises PT to $121 from $80

** Believe FIVE is in a solid position to navigate second half of 2025 and mitigate at least 50% of the tariff headwind through vendor negotiations, production movement and pricing - Citi

** Brokerage says investors are more optimistic on retailers' ability to mitigate tariff headwinds, leading many to see upside to FIVE's current fiscal 2025 forecast

** Eight of 22 brokerages rate the stock "buy" or higher, 13 "hold" and one "sell"; their median PT is $100, according to data compiled by LSEG

** As of last close, FIVE has risen 202% YTD

(Reporting by Juby Babu in Mexico City)

((Juby.Babu@thomsonreuters.com;))