Olin price target lowered to $34 from $43 at Barclays

Barclays analyst Michael Leithead lowered the firm’s price target on Olin (OLN) to $34 from $43 and keeps an Equal Weight rating on the shares post the Q4 report. Investors await EBITDA stabilization to help rebuff Olin’s structural earnings erosion narrative, the analyst tells investors in a research note.