Stifel Maintains Hold on Olo, Raises Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Brad Reback maintains a 'Hold' rating on Olo (NYSE:OLO) and raises the price target from $9 to $10.
August 04, 2023 | 11:36 am
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NEUTRAL IMPACT
Stifel analyst maintains a 'Hold' rating on Olo and raises the price target from $9 to $10.
The news is directly related to Olo. The 'Hold' rating suggests that the analyst believes the stock will perform approximately in line with the market in the near future. The increase in price target from $9 to $10 indicates a positive outlook, but as it's not a significant increase, the impact on the stock price might be limited in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100