Ollie’s Bargain Outlet price target lowered to $150 from $154 at Citi

Citi analyst Steven Zaccone lowered the firm’s price target on Ollie’s Bargain Outlet (OLLI) to $150 from $154 and keeps a Buy rating on the shares ahead of the Q3 report on December 10. The firm dropped same-store-sales estimates to reflect weakness due to the government shutdown and unfavorable weather. Citi continues to view Ollie’s as a share gainer.