Morgan Stanley analyst Simeon Gutman lowered the firm’s price target on Ollie’s Bargain Outlet (OLLI) to $130 from $145 and keeps an Equal Weight rating on the shares. The firm sees solid execution amid a favorable closeout environment, but thinks momentum likely fades in the medium-term, the analyst tells investors.
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Read More on OLLI:
- Ollie’s Bargain Outlet price target raised to $150 from $145 at BofA
- Ollie’s Bargain Outlet price target lowered to $125 from $130 at Wells Fargo
- Ollie’s Bargain Outlet price target lowered to $140 from $150 at Piper Sandler
- Ollie’s Bargain Outlet price target raised to $162 from $158 at Goldman Sachs
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