BMO Capital Maintains Market Perform on Olin, Lowers Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Bhavesh Lodaya has maintained a Market Perform rating on Olin Corporation (NYSE:OLN) but has lowered the price target from $50 to $47.
October 29, 2024 | 3:59 pm
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BMO Capital has maintained its Market Perform rating on Olin Corporation but reduced the price target from $50 to $47, indicating a slightly less optimistic outlook.
The reduction in the price target from $50 to $47 by BMO Capital suggests a less optimistic view on Olin's short-term performance, which could lead to a negative impact on the stock price. The Market Perform rating indicates a neutral stance, but the lowered target may influence investor sentiment negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100