The Analyst Landscape: 5 Takes On Ollie's Bargain Outlet
Portfolio Pulse from Benzinga Insights
Five analysts have recently updated their ratings on Ollie's Bargain Outlet (NASDAQ:OLLI), showing a mix of bullish and indifferent stances. The average 12-month price target is now $91.00, up from $88.75, with targets ranging from $80.00 to $104.00. Analysts from Truist Securities, Craig-Hallum, Goldman Sachs, RBC Capital, and JP Morgan have adjusted their price targets and ratings based on the company's performance and market conditions. Ollie's Bargain Outlet has demonstrated strong financial health with a revenue growth of 14.82%, a net margin of 6.62%, and an ROE of 2.23%, outperforming industry averages.
March 21, 2024 | 7:00 pm
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POSITIVE IMPACT
Ollie's Bargain Outlet has received updated ratings and price targets from five analysts, reflecting a positive outlook with an increased average price target of $91.00. The company's strong financial performance, including significant revenue growth and high net margin, supports a bullish sentiment.
The updated analyst ratings and increased price targets for OLLI reflect a positive market sentiment towards the company's stock. The strong financial indicators such as revenue growth, net margin, and ROE suggest that the company is outperforming its peers and managing its resources efficiently. These factors are likely to contribute to a positive short-term impact on OLLI's stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100