On Tuesday, retail stock Five Below (NASDAQ: FIVE) saw an 8% increase in its price following a significant price target upgrade by Citigroup analyst Paul Lejuez, who raised his fair-value estimate from $80 to $121 per share. Despite this dramatic adjustment, Lejuez maintained a neutral recommendation on the stock. The move caught the market’s attention, especially as the S&P 500 index gained just over 2% on the same day.
