OLN Nov 2024 60.000 put
| Previous Close | 10.20 |
| Open | 10.20 |
| Bid | 15.30 |
| Ask | 19.60 |
| Strike | 60.00 |
| Expire Date | 2024-11-15 |
| Day's Range | 10.20 - 10.20 |
| Contract Range | N/A |
| Volume | |
| Open Interest | N/A |
ZacksOlin's Q3 Earnings Miss, Revenues Surpass Estimates, Down Y/Y
The top line of OLN's chemical businesses in Q3 decrease due to Hurricane Beryl-related sales losses.
TipRanksOlin price target lowered to $50 from $55 at JPMorgan
JPMorgan lowered the firm’s price target on Olin (OLN) to $50 from $55 and keeps an Overweight rating on the shares post the Q3 report. While hurricane penalties to Olin in 2024 should total $135M in EBITDA , the absence of these factors should lead to double-digit EBITDA growth as a base case in 2025, the analyst tells investors in a research note. However, the firm says there is no particular strength in any of Olin’s end markets. Caustic soda demand is weak but prices are moving up because of
TipRanksOlin price target lowered to $48 from $55 at Citi
Citi analyst Patrick Cunningham lowered the firm’s price target on Olin (OLN) to $48 from $55 and keeps a Buy rating on the shares post the Q3 report. The company expressed confidence in the current direction of the caustic market, which has improved this year, and noted the positive performance could be further supported by any uplift in the industrial end market, the analyst tells investors in a research note. However, the firm reset estimates, noting Olin did not provide guidance for 2025. Pu
