Olo price target raised to $10 from $8 at RBC Capital

RBC Capital raised the firm’s price target on Olo (OLO) to $10 from $8 and keeps an Outperform rating on the shares. The company delivered a strong quarter beating across all metrics and raising the 2025 guide by more than the earnings beat, with highlight wins that included Chipotle as a boomerang customer landing on Catering+ pilot along with a full deployment Olo Pay card present customer, the analyst tells investors in a research note.