The modest pullback in Ollie’s Bargain Outlet (OLLI) shares following the Q1 results is a good entry point, Gordon Haskett tells investors in a research note. The firm, which maintains a Buy rating and $130 price target on the shares, says there are little, if any, concerns regarding product availability, a narrative that has weighed on the stock over the past two months.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OLLI:
- Morning Movers: Signet Jewelers and Dollar General surge following Q1 results
- Ollie’s Bargain Outlet reports Q1 adjusted EPS 75c, consensus 71c
- Ollie’s Bargain Outlet sees adjusted FY25 EPS $3.65-$3.75, consensus $3.73
- Options Volatility and Implied Earnings Moves Today, June 03, 2025
- Notable companies reporting before tomorrow’s open