Keybanc Maintains Overweight on Olin, Lowers Price Target to $61
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Aleksey Yefremov has maintained an Overweight rating on Olin (NYSE:OLN) but lowered the price target from $67 to $61.
October 30, 2023 | 8:24 am
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Olin's price target has been lowered from $67 to $61 by Keybanc, though the Overweight rating is maintained.
The news is directly about Olin (OLN). While the lowering of the price target might be seen as a negative, the maintenance of the Overweight rating indicates that the analyst still sees potential in the stock. This could lead to a neutral short-term impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100