Wells Fargo Maintains Overweight on Olin, Lowers Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Sison maintains an Overweight rating on Olin (NYSE:OLN) but lowers the price target from $66 to $55.
June 23, 2023 | 2:37 pm
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Wells Fargo maintains an Overweight rating on Olin (NYSE:OLN) but lowers the price target from $66 to $55.
The news of Wells Fargo maintaining an Overweight rating on Olin indicates a positive outlook for the company. However, the lowering of the price target from $66 to $55 may create uncertainty among investors, leading to a neutral short-term impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100