BofA analyst Lorraine Hutchinson raised the firm’s price target on Ollie’s Bargain Outlet (OLLI) to $145 from $130 and keeps a Buy rating on the shares. The firm increased its FY25 and FY26 EPS estimates to reflect the Q2 beat and sees Ollie’s value proposition “resonating with consumers and driving trade-down,” the analyst tells investors in a post-earnings note.
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