Ollie's Bargain Outlet (OLLI) Tops Q2 EPS by 2c, Beats on Revenues; FY18 Revenue Guidance Above Consensus, FY18 EPS Mid-Point Guide Above Consensus

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Go back to Ollie's Bargain Outlet (OLLI) Tops Q2 EPS by 2c, Beats on Revenues; FY18 Revenue Guidance Above Consensus, FY18 EPS Mid-Point Guide Above Consensus

Ollie's Bargain Outlet (OLLI) PT Raised to $50 at Jefferies

August 30, 2017 7:53 AM EDT

Jefferies raised its price target on Ollie's Bargain Outlet (NASDAQ: OLLI) to $50.00 (from $48.00) while maintaining a Buy rating. OLLI continues to benefit from industry store closures and consolidation. Mgmt. raised its FY18 sales and EPS guidance to reflect betterthan-expected 2Q18 results, but reiterated its... More