What exactly changed in the FIVE analyst rating on March 17, 2026?

Craig-Hallum **maintained a Buy** for Five Below (FIVE) on March 17, 2026 and raised the price target to **$246**. The action reaffirmed bullish expectations rather than a new upgrade.

Does the Craig-Hallum note count as a FIVE upgrade or downgrade?

It is not a FIVE upgrade or downgrade. Craig-Hallum **maintained Buy** status while increasing the price target, indicating stronger upside without changing the rating.

How should investors use the raised FIVE price target of $246?

Use the **$246** price target as one data point. It shows analyst confidence, but investors should weigh company results, margins, and risks before adjusting positions.

How does Meyka AI view this FIVE analyst rating update?

Meyka AI views the maintained Buy and higher PT as supportive. Meyka AI rates FIVE **B+**, which factors analyst consensus, growth, and sector comparison for a balanced view.

Analyst Ratings

Maintained Buy for Five Below, Inc. (FIVE) March 2026 by Craig-Hallum, PT $246

ByHuzaifa Zahoor March 18, 2026March 18, 2026

On March 17, 2026 Craig-Hallum maintained a Buy in the FIVE analyst rating and lifted its price target to $246. This action keeps the firm bullish on Five Below, Inc. (FIVE) and signals confidence ahead of the retailer’s next results. The note cited expectation of “another extraordinary print” and the market reacted with a 1.04% ($2.2) move in the stock. Investors should view this maintained Buy as a reaffirmation rather than a fresh upgrade.