Ollie's Bargain Outlet (OLLI) Tops Q3 EPS by 3c, Offers FY Guidance

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Go back to Ollie's Bargain Outlet (OLLI) Tops Q3 EPS by 3c, Offers FY Guidance

MKM Partners Raises Price Target on Ollie's Bargain Outlet (OLLI) Following 3Q

December 8, 2016 10:57 AM EST

MKM Partners reiterated a Buy rating on Ollie's Bargain Outlet (NASDAQ: OLLI), and raised the price target to $34.00 (from $33.00), following the company's 3Q earnings report. Same-store sales increased 1.8% vs. the Street at 2.0%/2.1%, with an estimated 70% of the increase stemming from increased transactions and deep-value proposition.... More