KeyBanc raised the firm’s price target on Ollie’s Bargain Outlet (OLLI) to $135 from $125 and keeps an Overweight rating on the shares ahead of earnings. For Q1, the firm sees upside potential to comparable sales. Looking ahead, KeyBanc expects a mixed outlook for consumer spending, given soft consumer confidence, tariff uncertainty, and inflation in the second half of the year, partially offset by potentially favorable impacts related to the upcoming tax bill.
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Read More on OLLI:
- Ollie’s Bargain Outlet price target raised to $137 from $135 at JPMorgan
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- Ollie’s Bargain Outlet price target lowered to $131 from $132 at Goldman Sachs
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