Loop Capital keeps a Buy rating and $130 price target on Ollie’s Bargain Outlet (OLLI), noting that the firm remains impressed with its s merchandising, most notably the compelling national brand items in a wide variety of product categories. Loop adds that it was particularly struck by the strong Easter candy assortment, which it sees as the latest in a long string of signs of Ollie’s growing importance to large manufacturers as other retailers go by the wayside or undergo mass store closings.
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Read More on OLLI:
- Ollie’s Bargain Outlet: Positive Earnings Call Highlights Growth
- Ollie’s Bargain Outlet price target lowered to $131 from $132 at Goldman Sachs
- Ollie’s Bargain Outlet Holdings: Strong Performance and Strategic Growth Drive Buy Recommendation
- Ollie’s Bargain Outlet price target raised to $118 from $108 at Morgan Stanley
- Ollie’s Bargain Outlet price target lowered to $124 from $126 at Piper Sandler
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