Truist analyst Peter Osterland raised the firm’s price target on Olin (OLN) to $26 from $20 and keeps a Hold rating on the shares after its Q1 results. The company’s Q2 guide was in line despite an unplanned outage at Freeport, with earnings anticipated to improve sequentially across all three segments, the analyst tells investors in a research note.
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Read More on OLN:
- Olin price target raised to $22 from $18 at Morgan Stanley
- Olin price target raised to $37 from $35 at Wells Fargo
- Olin Corporation Signals Strong Rebound in Q2 Outlook
- Analyst Maintains Hold on Olin Amid Mixed Operating Outlook and Balanced Risk‑Reward Profile
- Olin reports Q1 EPS (73c), consensus (64c)