Muted growth expected in U.S. consumer spending in 2025, RBC says
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December 11, 2024 5:48 AM EST
JPMorgan analyst Matthew Boss raised the price target on Ollie's Bargain Outlet (NASDAQ: OLLI) to $135.00 (from $105.00) while maintaining a Overweight rating.
The analyst comments "(1) Unit Growth (~85% of top line): 3Q new store productivity accelerated to 102% by our model (> 85% TTM and best in three-plus... More
December 10, 2024 1:53 PM EST
Jefferies analyst Randal Konik raised the price target on Ollie's Bargain Outlet (NASDAQ: OLLI) to $125.00 (from $110.00) while maintaining a Buy rating.
The analyst comments "OLLI is the largest player in the attractive and growing closeout space. With solid execution and an ample supply of... More
December 10, 2024 12:37 PM EST
Truist Securities analyst Scot Ciccarelli raised the price target on Ollie's Bargain Outlet (NASDAQ: OLLI) to $121.00 (from $109.00) while maintaining a Buy rating.
The analyst comments "3Q results were solid, despite several headwinds (flyer shift, competitor closures, hurricanes), and the co reiterated... More
December 10, 2024 8:25 AM EST
Truist Securities analyst Scot Ciccarelli reiterated a Buy rating and $109.00 price target on Ollie's Bargain Outlet (NASDAQ: OLLI).
The analyst comments "Net/net Ollies posted a solid 3Q, including a flattish comp (down 50bps), slightly better margins and in-line earnings, along with a reiteration of their full year outlook (EPS of $3.22- $3.30). 3Q was... More
