BofA lowered the firm’s price target on Ollie’s Bargain Outlet (OLLI) to $135 from $150 and keeps a Buy rating on the shares. The firm is increasing its FY26 and FY27 EPS estimates by 2% and 1%, respectively, to reflect an improved gross margin outlook and increased share buyback, but lowering its price target to reflect peer multiple compression.
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Read More on OLLI:
- Ollie’s Bargain Outlet price target raised to $155 from $147 at RBC Capital
- Ollie’s Bargain Outlet price target lowered to $120 from $130 at Morgan Stanley
- Ollie’s Bargain Outlet price target lowered to $128 from $140 at Piper Sandler
- Ollie’s Bargain Outlet Signals Confident Growth Path
- Wells upgardes Ollie’s to Overweight on momentum into 2026
