KeyBanc lowered the firm’s price target on Olin (OLN) to $29 from $30 and keeps an Overweight rating on the shares. The firm acknowledges that investors’ patience has been tested regularly this year. Yet, despite challenges Olin still trades at attractive 7.5-times EV/EBITDA 2025, which is likely to be a trough. The prospects for improvement in 2026 are more credible than at any point in the last 24 months, KeyBanc believes. The firm encourages investors to take advantage of a weak Q4 to add to Olin shares.
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