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morgan stanley raises target price for ollies bargain outlet stock
Congress Asset Management Co. significantly increased its stake in Ollie's Bargain Outlet by 181.6% in Q4, now holding 1,916,584 shares valued at $210.3 million. Other institutional investors, including State Street Corp and Invesco Ltd., also raised their positions. Analysts have mixed ratings on the stock, with a consensus "Moderate Buy" and a target price of $120.14, despite recent earnings missing expectations.
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