Olin price target raised to $90 from $89 at Stifel

Stifel analyst Vincent Anderson raised the firm’s price target on Olin to $90 from $89 and keeps a Buy rating on the shares. The firm is making minor adjustments to estimates, as much of the chor-alkali value chain has not changed, the analyst tells investors. Stifel maintains a conservative outlook on Epoxy as the market dislocations continue to be transient, but it is difficult to time a recovery. This is offset to some extend by an improved outlook for WInchester, which is primarily led by military purchasing. Stifel continues to see significant upside in Olin shares.