tiprankstipranks
The Fly

Ollie’s Bargain Outlet price target raised to $130 from $115 at BofA

Ollie’s Bargain Outlet price target raised to $130 from $115 at BofA

BofA analyst Melanie Nunez raised the firm’s price target on Ollie’s Bargain Outlet (OLLI) to $130 from $115 and keeps a Buy rating on the shares. Ollie’s reported Q3 EPS of 58c, in-line with Visible Alpha consensus, and guidance of $3.22-3.30 is unchanged, notes the firm, which raised its own FY25 EPS estimate by 1c to $3.70 and raised its target on peer multiple expansion.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

1