RBC Capital Reiterates Outperform on Olo, Maintains $10 Price Target
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Matthew Hedberg has reiterated his 'Outperform' rating on Olo (NYSE:OLO) and maintained a price target of $10.
July 17, 2023 | 1:46 pm
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POSITIVE IMPACT
RBC Capital's reiteration of an 'Outperform' rating and maintenance of a $10 price target could positively influence Olo's stock in the short term.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. Given that RBC Capital has reiterated an 'Outperform' rating and maintained a $10 price target for Olo, this could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100