"That all really kind of plays right into Ollie's hands."
Her $92 price target implies about 17%% upside from Monday's close.
The average analyst has a buy rating and target for shares suggesting upside of more than 12%, according to LSEG.
Ollie's shares are lagging the broader market in 2024 with a gain of almost 5% versus the S & P 500's 9% gain.
OLLI 1Y mountain Ollie's shares over the past 12 months.
Persons:
Anthony Chukumba, it's, Price, Melanie Nuñez, Ollie's, Nuñez, Chukumba, OLLI, Truist's Scot Ciccarelli, Ciccarelli, TJ Maxx, BofA's Nuñez, Chukumba's, FirstCash
Organizations:
Capital, Federal, Amazon, Walmart, Bank of America, Wall, Ross
Locations:
McDonald's, Harrisburg , Pennsylvania, Monday's, Ollie's