Ollie’s Bargain Outlet Holdings, Inc. Announces Fiscal 2016 Fourth Quarter and Full Year Financial Results

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Ollie's Bargain Outlet (OLLI) PT Raised to $39 at MKM Partners

March 29, 2017 8:19 AM EDT

MKM Partners raised its price target on Ollie's Bargain Outlet (NASDAQ: OLLI) to $39.00 (from $34.00) while maintaining a Buy rating. EPS increased 26% to $0.39 vs. the Street at $0.35, as growth was driven by the strong top-line and 60 bps of operating margin expansion, to 14.3%.

Analyst Patrick McKeever commented,... More