Barclays analyst Michael Leithead lowered the firm’s price target on Olin (OLN) to $34 from $43 and keeps an Equal Weight rating on the shares post the Q4 report. Investors await EBITDA stabilization to help rebuff Olin’s structural earnings erosion narrative, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OLN: