Morgan Stanley raised the firm’s price target on Ollie’s Bargain Outlet (OLLI) to $118 from $108 and keeps an Equal Weight rating on the shares. The company’s FY25 comp guidance is “reasonable with potential for additional upside from Big Lots store closures,” says the analyst following Ollie’s Q4 report.
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Read More on OLLI:
- Ollie’s Bargain Outlet price target lowered to $124 from $126 at Piper Sandler
- Balanced Risk/Reward Scenario for Ollie’s Bargain Outlet: Hold Rating Amid Strong Performance and Potential Risks
- Ollie’s Bargain Outlet: Strategic Expansion and Diverse Customer Base Drive Buy Rating
- Ollie’s Bargain Outlet Reports Strong Fiscal 2024 Results
- Ollie’s Bargain Outlet price target raised to $126 from $121 at Truist
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