RBC Capital Maintains Outperform on Olin, Raises Price Target to $64
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Arun Viswanathan has maintained an Outperform rating on Olin Corporation (NYSE:OLN) and increased the price target from $58 to $64, indicating a positive outlook on the stock.
January 29, 2024 | 5:37 pm
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RBC Capital analyst Arun Viswanathan has reaffirmed an Outperform rating on Olin Corporation and raised the price target to $64, suggesting a potential upside from the previous target.
The increase in price target by RBC Capital is a strong indicator of the firm's confidence in Olin Corporation's future performance. This positive analyst action can often lead to a short-term increase in stock price as it may influence investor sentiment and expectations.
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IMPORTANCE 85
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