Goldman Sachs Maintains Neutral on Olin, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Duffy Fischer has maintained a Neutral rating on Olin Corporation (NYSE:OLN) and increased the price target from $50 to $55.

December 14, 2023 | 1:55 pm
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POSITIVE IMPACT
Goldman Sachs analyst Duffy Fischer reaffirmed a Neutral rating on Olin Corporation but raised the price target from $50 to $55, indicating a positive outlook on the stock's value.
The increase in price target by Goldman Sachs suggests a positive reassessment of Olin Corporation's stock value, which could lead to increased investor confidence and a potential short-term rise in the stock price. The Neutral rating indicates that the stock is adequately valued at its current price, but the raised target implies that Goldman Sachs sees some room for growth. This news is directly related to Olin Corporation and is likely to be considered important by investors, hence the high relevance and importance scores. The confidence score is high due to the clear and direct nature of the analyst's rating and price target change.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100