RBC Capital downgraded Olo (OLO) to Sector Perform from Outperform with a price target of $10.25, up from $10, after the company announced an agreement to be acquired by Thoma Bravo for $10.25 per share cash, or a $2.0B equity value.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OLO: