Ollie’s Bargain Outlet Acquires Former Big Lots Stores

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Ollie's Bargain Outlet (OLLI) PT Raised to $106 at RBC Capital

October 2, 2024 6:29 AM EDT

RBC Capital analyst Steven Shemesh raised the price target on Ollie's Bargain Outlet (NASDAQ: OLLI) to $106.00 (from $100.00) while maintaining a Outperform rating.

The analyst comments "On Sept. 9th, Big Lots filed for Chapter 11 bankruptcy and has since announced ~380 store closures (with more... More