Wells Fargo Maintains Overweight on Ollie's Bargain Outlet, Raises Price Target to $83
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Edward Kelly has maintained an 'Overweight' rating on Ollie's Bargain Outlet (NASDAQ:OLLI) and raised the price target from $67 to $83.
August 15, 2023 | 11:58 am
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Wells Fargo has maintained an 'Overweight' rating on Ollie's Bargain Outlet and raised the price target from $67 to $83.
The 'Overweight' rating indicates that Wells Fargo expects OLLI's stock to outperform the market in the future. The increase in the price target from $67 to $83 suggests that the analyst sees significant upside potential for the stock. This news is likely to be positively received by investors and could lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100