Truist lowered the firm’s price target on Olin (OLN) to $21 from $22 and keeps a Hold rating on the shares following the company’s Q3 earnings report. Olin guided to Q4 EBITDA well below consensus as weak demand is driving the company to reduce inventories, particularly for its Winchester commercial ammunition business, says the analyst, who continues to expect that cost actions will support some earnings recovery in 2026, but sees little visibility into a recovery for overall end market demand.
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