Truist raised the firm’s price target on Ollie’s Bargain Outlet (OLLI) to $126 from $121 and keeps a Buy rating on the shares. Q4 results were “solid,” despite headwinds from competitive closures and adverse weather, and the FY25 guidance “may prove to be conservative” as the company is very well positioned to accelerate market share gains, the analyst tells investors in a post-earnings note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OLLI:
- Autodesk in proxy fight, General Mills reports mixed Q3: Morning Buzz
- Morning Movers: Ollie’s Bargain Outlet gains, General Mills slips after earnings
- Options Volatility and Implied Earnings Moves Today, March 19, 2025
- Ollie’s Bargain Outlet sees FY25 adjusted EPS $3.65-$3.75, consensus $3.78
- Ollie’s Bargain Outlet board approves $300M share repurchase program