Analysts Disagree on Ollie’s Bargain Outlet's Potential; Both See Its Price Rising
Wall Street might not hold the same opinion of Ollie's Bargain Outlet (NASDAQ: OLLI), but one thing analysts can agree on is that its price is likely going higher.
Two investment firms issued ratings this morning on the deep discount retailer, which has seen its stock already triple in value from the low point it hit in mid-May. But one analyst downgraded Ollie's stock to neutral from outperform, while the other upgraded the stock to buy from hold. Both see its shares having the potential to rise further still.
Source Fool.com