Morgan Stanley Maintains Equal-Weight on Ollie's Bargain Outlet, Raises Price Target to $58
Portfolio Pulse from richadhand@benzinga.com
Morgan Stanley analyst Simeon Gutman maintains an Equal-Weight rating on Ollie's Bargain Outlet (NASDAQ:OLLI) and raises the price target from $54 to $58.
June 08, 2023 | 12:01 pm
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NEUTRAL IMPACT
Morgan Stanley maintains an Equal-Weight rating on Ollie's Bargain Outlet and raises the price target from $54 to $58.
Morgan Stanley's decision to maintain an Equal-Weight rating on OLLI indicates a neutral outlook for the stock. However, the raised price target from $54 to $58 suggests a potential upside, but not significant enough to change the rating. This news may not have a strong short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100