BofA analyst Lorraine Hutchinson raised the firm’s price target on Ollie’s Bargain Outlet (OLLI) to $150 from $145 and keeps a Buy rating on the shares after the company reported Q3 adjusted earnings above the firm’s view and consensus and raised FY25 EPS guidance to reflect the Q3 beat. BofA is increasing its FY25 and FY26 EPS estimates by 1% and 4%, respectively, to reflect the beat and a slightly improved margin outlook next year.
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