Wells Fargo raised the firm’s price target on Olin to $65 from $60 and keeps an Overweight rating on the shares. The firm remains bullish on the name despite reductions to 2023 as it believes its ability to keep CAPV pricing and overall results above past troughs remains underappreciated. Wells expects to see year-over-year growth in 2024 with longer term potential to its $3B peak EBITDA.
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