Olin price target lowered to $72 from $74 at BofA

BofA lowered the firm’s price target on Olin to $72 from $74 and keeps a Buy rating on the shares. Q1 results came in slightly ahead of the firm’s estimate, though the bridge to $1.3B EBITDA “gets tougher,” says the analyst, whose 2024 EBITDA estimate has been lowered to $1.285B from $1.309B.