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Olin price target lowered to $49 from $59 at Barclays

Barclays lowered the firm’s price target on Olin to $49 from $59 and keeps an Equal Weight rating on the shares post the Q2 report. Investor caution is high after a meaningful earnings reset and limited interest buying ahead of new CEO Lane’s first investor day in December, the analyst tells investors in a research note.

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