Piper Sandler lowered the firm’s price target on Ollie’s Bargain Outlet (OLLI) to $123 from $124 and keeps an Overweight rating on the shares following Q1 results. The firm continues to view Ollie’s Bargain as having one of the better positioned set-ups within its coverage. Sales upside was flowed through with guidance, while full year EPS guidance was maintained. While there is economic uncertainty with tariffs, Ollie’s Bargain has several upside drivers to its outlook, Piper adds.
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Read More on OLLI:
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