Citigroup Reinstates Neutral on Olin, Announces $19 Price Target
Citigroup analyst Patrick Cunningham reinstates Olin (NYSE:OLN) with a Neutral and announces $19 price target.
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Keybanc analyst Salvator Tiano initiates coverage on Olin (NYSE:OLN) with a Overweight rating and announces Price Target of $26.
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Citigroup analyst Patrick Cunningham reinstates Olin (NYSE:OLN) with a Neutral and announces $19 price target.
Olin Corporation and Huntsman Corporation have cleared the U.S. Hart-Scott-Rodino antitrust waiting period for their proposed all-stock merger of equals. The combined entity, OlinHuntsman Corporation, is expected to generate over $400 million in cost synergies and $125 million in cash tax benefits, with completion targeted for the first half of 2027.
Analyst ratings spotlight high-yield materials stocks Sonoco (4.46%), Olin (4.62%) and Graphic Packaging (4.69%), with mixed outlooks.