JP Morgan Maintains Neutral on Ollie's Bargain Outlet, Lowers Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Matthew Boss maintains a Neutral rating on Ollie's Bargain Outlet (NASDAQ:OLLI) and lowers the price target from $88 to $85.

March 21, 2024 | 12:06 pm
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NEUTRAL IMPACT
JP Morgan analyst Matthew Boss maintains a Neutral rating on Ollie's Bargain Outlet and lowers the price target from $88 to $85.
The adjustment in price target by a major analyst like JP Morgan's Matthew Boss, while maintaining a Neutral rating, suggests a recalibration of expectations without a fundamental change in the company's outlook. This could lead to short-term price adjustments as the market aligns with the new target, but the neutral stance indicates no significant change in the company's overall prospects.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100