B of A Securities Maintains Buy on Olin, Lowers Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Steve Byrne has maintained a Buy rating on Olin (NYSE:OLN) but has lowered the price target from $74 to $72.

April 29, 2024 | 12:24 pm
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NEUTRAL IMPACT
B of A Securities maintains a Buy rating on Olin but lowers the price target from $74 to $72.
The adjustment in price target by B of A Securities reflects a slight modification in their valuation assessment of Olin. While the Buy rating is maintained, indicating continued confidence in the company's fundamentals, the reduction in price target could suggest a tempered outlook on the stock's short-term price performance. However, the impact is likely neutral to slightly negative in the short term as the Buy rating still suggests a positive view on the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100