Truist Securities Maintains Hold on Ollie's Bargain Outlet, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Scot Ciccarelli has maintained a 'Hold' rating on Ollie's Bargain Outlet (NASDAQ:OLLI) and raised the price target from $71 to $80.
September 01, 2023 | 3:43 pm
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Truist Securities has maintained a 'Hold' rating on Ollie's Bargain Outlet and raised the price target from $71 to $80.
The news is directly about Ollie's Bargain Outlet. The 'Hold' rating suggests that the stock is expected to perform in line with the market or the sector in the next 12 months. The increase in price target from $71 to $80 indicates that the analyst sees potential for the stock's price to increase, but it's not a strong buy recommendation.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100