Citi analyst Patrick Cunningham raised the firm’s price target on Olin (OLN) to $24 from $21 and keeps a Neutral rating on the shares. Citi also added a “downside 90-day short-term view on Olin. The firm believes the company’s Q1 guidance could miss estimates due to lower electrochemical margins and uncertainty around a Winchester recovery. The analyst recommends a pair trade of Westlake over Olin.
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