Loop Capital Maintains Hold on Ollie's Bargain Outlet, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Anthony Chukumba maintains a 'Hold' rating on Ollie's Bargain Outlet (NASDAQ:OLLI) and raises the price target from $71 to $80.
September 01, 2023 | 3:14 pm
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Loop Capital analyst Anthony Chukumba maintains a 'Hold' rating on Ollie's Bargain Outlet and raises the price target from $71 to $80.
The news is directly related to Ollie's Bargain Outlet. The 'Hold' rating suggests that the analyst believes the stock is fairly valued at current levels, and the increase in price target indicates an expectation of some upside potential. However, as the rating is not an upgrade, it is not expected to have a significant positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100