Piper Sandler Maintains Overweight on Olin, Lowers Price Target to $51
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Charles Neivert maintains an Overweight rating on Olin (NYSE:OLN) but lowers the price target from $57 to $51.
October 30, 2024 | 4:15 pm
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Piper Sandler has maintained an Overweight rating on Olin but reduced the price target from $57 to $51, indicating a less optimistic outlook.
The maintenance of an Overweight rating suggests continued confidence in Olin's performance, but the lowered price target indicates a tempered outlook. This could lead to a neutral to slightly negative short-term impact on the stock price as investors adjust expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100