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RBC Capital reiterates Ollie’s Bargain stock rating at outperform
RBC Capital has reiterated an Outperform rating for Ollie’s Bargain Outlet (NASDAQ:OLLI) with a $155.00 price target, despite the stock being significantly down year-to-date and off August highs. Analysts noted the company appears undervalued based on Fair Value analysis and highlighted that 7 analysts have revised earnings upwards. The firm encourages buying on weakness, expecting the stock to remain debated until the second quarter’s tough comparison clears.