Citi raised the firm’s price target on Olin (OLN) to $26 from $21 and keeps a Neutral rating on the shares. The firm moved up its commodity chemical forecasts significantly with the Iran conflict and closure of the Strait of Hormuz impacting capacity and shipments.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OLN: