Loop Capital Reiterates Hold on Ollie's Bargain Outlet, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Anthony Chukumba reiterated a Hold rating on Ollie's Bargain Outlet (NASDAQ:OLLI) and raised the price target from $58 to $60.

June 08, 2023 | 1:50 pm
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Loop Capital analyst Anthony Chukumba reiterated a Hold rating on Ollie's Bargain Outlet and raised the price target from $58 to $60.
The news of Loop Capital reiterating a Hold rating and raising the price target for OLLI from $58 to $60 indicates that the analyst sees potential for the stock price to increase. However, the Hold rating suggests that the analyst does not expect significant short-term price movement. Therefore, the short-term impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100