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Fly News Breaks for April 5, 2018
OLLI
Apr 5, 2018 | 07:27 EDT
RBC Capital analyst Scot Ciccarelli raised his price target on Ollie's Bargain Outlet to $63 after the company's Q4 earnings beat and better than expected comps. The analyst also keeps his Outperform rating on the stock despite the outlook for slowing same-store sales, citing the company's consistent growth model of about 15% unit expansion and "favorable unit economics" producing over 60% in "cash on cash returns".
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