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.
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Read More on OLLI:
- Ollie’s Bargain Outlet price target raised to $130 from $107 at Craig-Hallum
- Ollie’s Bargain Outlet price target raised to $121 from $109 at Truist
- Ollie’s Bargain Outlet price target raised to $120 from $110 at Loop Capital
- Ollie’s Bargain Outlet price target raised to $117 from $99 at UBS
- Ollie’s Bargain Outlet price target raised to $126 from $107 at Piper Sandler
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
