Wells Fargo upgraded Ollie’s Bargain Outlet (OLLI) to Overweight from Equal Weight with a price target of $130, up from $120. The firm is encouraged by the Q4 update and believes Ollie’s “story continues to build momentum.” Wells sees an attractive 2026 setup for the shares given tailwinds from the One Big Beautiful Bill and the recent selloff. Ollie’s Q1-to-date comps seem good considering the weather, the analyst tells investors in a research note. The firm says the stock’s valuation does not reflect the company’s outlook.
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Read More on OLLI:
- Ollie’s Bargain Outlet upgraded to Overweight from Equal Weight at Wells Fargo
- Ollie’s Bargain Outlet price target lowered to $135 from $142 at Truist
- Ollie’s Bargain Outlet sees FY26 adjusted EPS $4.40-$4.50, consensus $4.53
- Ollie’s Bargain Outlet reports Q4 adjusted EPS $1.39, consensus $1.41
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