KeyBanc lowered the firm’s price target on Olin (OLN) to $56 from $57 and keeps an Overweight rating on the shares. The firm says it was surprised by the magnitude of operational issues and misses in Epoxy and Winchester. KeyBanc believes 2025 should shape into a better year from an earnings standpoint, but one in which EBITDA of $1.08B is still meaningfully below mid-cycle potential of $1.8B-$1.9B.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% 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: