Piper Sandler Maintains Overweight on Olo, Raises Price Target to $10
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Clarke Jeffries maintains an Overweight rating on Olo (NYSE:OLO) and raises the price target from $9 to $10.
August 04, 2023 | 10:42 am
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POSITIVE IMPACT
Piper Sandler's raised price target for Olo could potentially lead to a positive short-term impact on the stock.
Analyst ratings and price targets can significantly influence a stock's performance. In this case, Piper Sandler's decision to maintain an Overweight rating and raise the price target for Olo suggests a positive outlook for the stock, which could potentially lead to an increase in its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100