Olo shares are trading higher after Piper Sandler upgraded the stock from Neutral to Overweight and announced a $9 price target.
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler has upgraded Olo's stock from Neutral to Overweight and set a price target of $9. This has resulted in Olo's shares trading higher.
July 20, 2023 | 3:19 pm
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POSITIVE IMPACT
Olo's stock has been upgraded by Piper Sandler from Neutral to Overweight, with a price target of $9. This has led to an increase in the trading of Olo's shares.
The upgrade of Olo's stock by Piper Sandler from Neutral to Overweight indicates a positive outlook for the company. The set price target of $9 also suggests that the firm sees potential for the stock's price to increase. This news has already resulted in Olo's shares trading higher, indicating a positive short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100