B of A Securities Downgrades Olin to Neutral, Lowers Price Target to $51
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has downgraded Olin (NYSE:OLN) from Buy to Neutral and lowered the price target from $62 to $51.
July 29, 2024 | 9:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
B of A Securities has downgraded Olin from Buy to Neutral and lowered the price target from $62 to $51, indicating a less optimistic outlook on the stock.
The downgrade from Buy to Neutral and the reduction in the price target from $62 to $51 by B of A Securities suggests a less favorable view on Olin's future performance. This is likely to negatively impact the stock price in the short term as investors react to the revised outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100