Ollie’s Bargain Outlet Holdings Inc. (NASDAQ:OLLI) Receives Upgrade and Price Target Increase from Wells Fargo and RBC Capital

Ollie's Bargain Outlet (OLLI) was upgraded by Wells Fargo from Equal Weight to Overweight with a target price increase from $120 to $130. The company's fourth-quarter update and strong Q1-to-date comps are driving the upgrade. RBC Capital also increased its price target on OLLI from $147 to $155 and maintained an Outperform rating. OLLI is a retailer offering a wide variety of products, including beverages, books, gifts, and household items.