Where Olin Stands With Analysts
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 16 Wall Street analysts have provided ratings for Olin Corporation (NYSE:OLN), with an average 12-month price target of $54.19, a decrease from the previous target of $62.62. The ratings include 2 bullish, 4 somewhat bullish, 9 indifferent, and 1 somewhat bearish. The high price target is $67.00 and the low is $38.00. Analysts' ratings are based on company financials, future earnings predictions, and company updates.
November 13, 2023 | 8:00 pm
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Analysts have a mixed outlook on Olin Corporation with a reduced average price target of $54.19, suggesting a cautious perspective on the stock's future performance.
The average price target for Olin Corporation has been lowered, indicating a more conservative outlook from analysts. However, the majority of analysts remain neutral with no strong bearish sentiment, which suggests that there may not be significant downward pressure on the stock in the short term. The confidence level is high due to the clear consensus among analysts and the recent update in price targets.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100