Piper Sandler Upgrades Olo to Overweight, Announces $9 Price Target
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Clarke Jeffries has upgraded Olo (NYSE:OLO) from Neutral to Overweight and announced a $9 price target.
July 20, 2023 | 8:18 am
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POSITIVE IMPACT
Olo's stock has been upgraded from Neutral to Overweight by Piper Sandler, with a new price target of $9.
The upgrade from Piper Sandler is a positive signal for Olo. It suggests that the analyst believes the company's stock is likely to outperform the market or its sector in the near term. The new price target of $9 also indicates an expected increase in the stock's value.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100