Stock Track | Olo Inc. Soars 5% as RBC Capital Raises Price Target to $10

Stock Track

05-09

Shares of Olo Inc. (OLO) are soaring 5.09% in pre-market trading on Friday, following a positive analyst update from RBC Capital. The digital ordering and delivery platform for the restaurant industry is seeing increased investor interest after the investment bank raised its price target on the stock.

RBC Capital analyst Matthew Hedberg maintained a Buy rating on Olo while significantly increasing the price target from $8 to $10. The upgrade comes after the company reportedly delivered strong performance, although specific details were not provided in the available news. This bullish stance from a top analyst appears to be driving the stock's upward movement.

The positive sentiment is not limited to RBC Capital. According to analysts polled by FactSet, Olo currently has an average rating of overweight, with a mean price target of $9.20. This consensus view suggests that other market watchers also see potential upside for the stock, further supporting today's price surge.

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Soars 5% as RBC Capital Raises Price Target to $10\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-05-09 21:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of Olo Inc. (OLO) are soaring 5.09% in pre-market trading on Friday, following a positive analyst update from RBC Capital. The digital ordering and delivery platform for the restaurant industry is seeing increased investor interest after the investment bank raised its price target on the stock.</p>\n\n<p>RBC Capital analyst Matthew Hedberg maintained a Buy rating on Olo while significantly increasing the price target from $8 to $10. 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This consensus view suggests that other market watchers also see potential upside for the stock, further supporting today's price surge.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"OLO","symbol_name":"PowerShares DB Crude Oil Long ET","start_time":0,"source_url":"","article_id":"1144844454","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1144844454","pubTimestamp":1746798824,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Olo Inc.  are soaring 5.09% in pre-market trading on Friday, following a positive analyst update from RBC Capital. The digital ordering and delivery platform for the restaurant industry is seeing increased investor interest after the investment bank raised its price target on the stock.RBC Capital analyst Matthew Hedberg maintained a Buy rating on Olo while significantly increasing the price target from $8 to $10. The upgrade comes after the company reportedly delivered strong performa","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"OLO":"PowerShares DB Crude Oil Long ET"},"translate_title":"RBC Capital将目标价上调至10美元，Olo Inc.股价飙升5%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"OLO":1},"content_text":"Shares of Olo Inc. (OLO) are soaring 5.09% in pre-market trading on Friday, following a positive analyst update from RBC Capital. The digital ordering and delivery platform for the restaurant industry is seeing increased investor interest after the investment bank raised its price target on the stock.\nRBC Capital analyst Matthew Hedberg maintained a Buy rating on Olo while significantly increasing the price target from $8 to $10. The upgrade comes after the company reportedly delivered strong performance, although specific details were not provided in the available news. This bullish stance from a top analyst appears to be driving the stock's upward movement.\nThe positive sentiment is not limited to RBC Capital. According to analysts polled by FactSet, Olo currently has an average rating of overweight, with a mean price target of $9.20. 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