Skip to main content
Chicago Employee homeNews home
Story

Ollie’s Bargain Outlet price target raised to $128 from $126 at Truist

TipRanks

Ollie’s Bargain Outlet price target raised to $128 from $126 at Truist

image

https://www.tipranks.com/news/the-fly/ollies-bargain-outlet-price-target-raised-to-128-from-126-at-truist-thefly

TipRanks

1 min read

In This Article:

Truist raised the firm’s price target on Ollie’s Bargain Outlet (OLLI) to $128 from $126 and keeps a Buy rating on the shares. The company’s Q1 results were “solid”, with comps and earnings modestly topping the firm’s estimates, the analyst tells investors in a research note. Ollie’s Bargain management also raised their full year comp and sales guide and maintained their earnings outlook despite incurring additional costs for tariffs, dark rent and store growth acceleration, Truist added.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. >;elm:context_link;itc:0;sec:content-canvas" href="https://thefly.com/?utm_source=finance.yahoo.com&utm_medium=referral" rel="nofollow noopener" target="_blank">Try Now>>

>;elm:context_link;itc:0;sec:content-canvas" href="https://www.tipranks.com/screener/top-smart-score-stocks/?type=stockAnalysisLanding&utm_source=finance.yahoo.com&utm_medium=referral" rel="nofollow noopener" target="_blank">See today’s best-performing stocks on TipRanks >>

Read More on OLLI:

Disclaimer & DisclosureReport an Issue

Terms and Privacy Policy

Recommended Stories

How to get the best refinance rate on your mortgage

Can a bank seize funds from my checking account for my credit card payment?

How to compare lenders for first-time homebuyers

10 common car loan mistakes that cost you money

Pros and cons of a balance transfer

How to get cash from a credit card at the ATM

Here’s How Much You Should Save Each Month To Retire by 65

9 Stocks That Could Be the Next Apple or Amazon Under Trump’s Presidency