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Benzinga
Benzinga
Business
Priya Nigam

Ollie's Bargain Outlet Gets Boost From RBC, Citing 'Increase' In Quality Of Deals

OLLI Nasdaq Ollie Bargain Outlet RBC Capital Markets Steven Shemesh

Although Ollie's Bargain Outlet Holdings Inc. (NASDAQ:OLLI) reported another tough quarter, its fundamentals are poised to improve in the second half of the year and beyond, according to RBC Capital Markets.

The Ollie's Bargain Outlet Analyst: Steven Shemesh upgraded the rating for Ollie's Bargain Outlet from Sector Perform to Outperform, while raising the price target from $47 to $65.

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