Craig-Hallum raised the firm’s price target on Ollie’s Bargain Outlet to $105 from $100 and keeps a Buy rating on the shares. The firm notes Ollie’s delivered another strong print in Q1 with upside on sales, comps and EPS. FY24 sales and EPS guidance was raised as momentum has continued into Q2 despite the company lapping incredibly tough compares, Craig-Hallum adds.
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Read More on OLLI:
- Ollie’s Executive Leadership Changes and Strategy Update
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