Ollie's (OLLI) Stock Is Up, What You Need To Know [Yahoo! Finance]
Bank of America Corporation (BAC)
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Source: Yahoo! Finance
continued as the company reported third-quarter results that beat profit expectations and raised its full-year guidance, leading to mixed analyst reactions. The discount retailer's third-quarter adjusted earnings per share reached $0.75, surpassing consensus estimates. In response to the performance, which was driven by better-than-expected margins, management increased its fiscal 2025 earnings per share forecast. The news prompted varied responses from financial analysts. BofA Securities raised its price target on the stock to $150, noting that Ollie's value proposition resonated with consumers. Conversely, UBS Group reduced its price objective to $130. The stock's upward move suggested investors focused on the positive earnings beat and improved outlook. The shares closed the day at $116.12, up 3.3% from previous close. Is now the time to buy Ollie's? Access our full analysis report here Ollie's shares are somewhat volatile and have had 11 moves greater than 5% over the last
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