Wells Fargo Maintains Equal-Weight on Olin, Lowers Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Sison has maintained an Equal-Weight rating on Olin Corporation (NYSE:OLN) but has lowered the price target from $48 to $44.
October 28, 2024 | 4:09 pm
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Wells Fargo has maintained its Equal-Weight rating on Olin but reduced the price target from $48 to $44, indicating a more cautious outlook.
The lowering of the price target by Wells Fargo suggests a less optimistic view on Olin's short-term performance, which could lead to a negative impact on the stock price. The Equal-Weight rating indicates a neutral stance, but the reduced price target reflects potential challenges or lower expectations.
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