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OLLI

Ollie's Bargain Outlet

$77.85 /

+0.61 (+0.79%)

06:15
08/29/19
08/29
06:15
08/29/19
06:15

Ollie's Bargain Outlet should be bought on earnings selloff, says Piper Jaffray

Ollie's Bargain Outlet's "terrible" Q2 miss and guide-down provides a buying opportunity, Piper Jaffray analyst Peter Keith tells investors in a research note. Structurally the story hasn't changed, Ollie's still has "tremendous" store growth, contends the analyst. Further, Keith expects the company's closeout opportunities to remain robust and thinks its guidance appears lowered to a reasonable level. The analyst lowered his price target for the shares to $70 from $104 and keeps an Overweight rating on Ollie's Bargain Outlet.

OLLI Ollie's Bargain Outlet
$77.85 /

+0.61 (+0.79%)

07/31/19
Ollie's Bargain Outlet upgraded to Buy from Hold at Loop Capital
07/31/19 Loop Capital
Ollie's Bargain Outlet upgraded to Buy from Hold at Loop Capital
05/23/19 Dougherty
Ollie's Bargain Outlet initiated with a Buy at Dougherty
05/14/19 Credit Suisse
Ollie's Bargain Outlet price target raised to $103 from $89 at Credit Suisse

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