Wells Fargo analyst Edward Kelly added Ollie’s Bargain Outlet (OLLI) to the firm’s Q2 Tactical Ideas List. The firm says that the recent pullback in shares post Q3 EPS creates an attractive entry point. Choppy data is an overhang, but a couple of weeks is not a trend, management’s tone remains positive, expect solid Q1 with “One Big Beautiful Bill” refunds, Wells adds. The firm believes the stock is too cheap for the growth outlook. Wells has an Overweight rating on the shares with a price target of $130.
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