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Stock impact report

Why Ollie's (OLLI) Stock Is Trading Up Today [Yahoo! Finance]

Ollie's Bargain Outlet Holdings, Inc. (OLLI) 
Last ollie's bargain outlet holdings, inc. earnings: 3/19 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.ollies.us
Company Research Source: Yahoo! Finance
upgraded the company's stock from Hold to Buy and raised its price target to $130 from $120. The upgrade came as the stock traded near its 52-week low, having declined significantly over the previous six months. The firm noted that Ollie's Bargain Outlet was the top player in the closeout retail space at a time when scale was most important. Jefferies also highlighted the stock's valuation, pointing out that it traded at a considerable discount to a peer, Five Below, despite having similar growth in new stores and a more needs-based product selection. After the initial pop the shares cooled down to $94.10, up 3.1% from previous close. Is now the time to buy Ollie's? Access our full analysis report here, it's free What Is The Market Telling Us Ollie's shares are somewhat volatile and have had 11 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perce Show less Read more
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