Olin price target raised to $76 from $74 at RBC Capital

RBC Capital analyst Arun Viswanathan raised the firm’s price target on Olin to $76 from $74 and keeps an Outperform rating on the shares. The analyst is positive on the company’s continued focus on value over volume while noting that its Q1 earnings performance was "solid". Olin has also matched operating rates with demand and thus continuing to refrain from selling into poor-quality markets, the analyst tells investors in a research note.