Loop Capital Upgrades Ollie's Bargain Outlet to Buy, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Anthony Chukumba upgrades Ollie's Bargain Outlet (OLLI) from Hold to Buy and increases the price target from $80 to $90.
April 05, 2024 | 12:28 pm
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POSITIVE IMPACT
Ollie's Bargain Outlet was upgraded by Loop Capital from Hold to Buy, with a raised price target from $80 to $90.
Analyst upgrades typically lead to positive short-term price movements as they reflect a positive change in the analyst's view of the company's future performance. The increase in price target further supports the expectation of upward movement in the stock's price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100