Olo (OLO) Upgraded at Stifel to 'Buy' on Strong 2Q Results, Announces Partnership with Just Eat Takeaway.com (GRUB)

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Just Eat Takeaway (GRUB) Gains as Seth Klarman Hedge Fund Buys a $645 Million Stake, Shareholders Says Stock 'Deeply Undervalued'

August 12, 2021 6:38 AM EDT

Baupost Group, a hedge fund run by Seth Klarman, has acquired a 3.5% stake in the food delivery company Just Eat Takeaway (NASDAQ: GRUB).

Klarman paid $645 million to acquire the stake last week, according to a regulatory filing on Thursday.

Shares of the... More

Olo Inc. (OLO) PT Raised to $44 at Truist Securities

August 11, 2021 7:17 AM EDT

Truist Securities analyst Terry Tillman raised the price target on Olo Inc. (NYSE: OLO) to $44.00 (from $42.00) while maintaining a Buy rating.... More

UPDATE: Stifel Upgrades Olo Inc. (OLO) to Buy

August 11, 2021 3:49 AM EDT

(Updated - August 11, 2021 3:51 AM EDT)

Stifel analyst Brad Reback upgraded Olo Inc. (NYSE: OLO) from Hold to Buy with a price target of $41.00 (from $27.00).

The analyst comments "We are upgrading our rating on Olo to Buy and raising our Target... More

Olo Inc. (OLO) Engaged by Grubhub (GRUN) for POS Integration

August 10, 2021 5:22 PM EDT

Olo (NYSE: OLO) announced an engagement with Grubhub... More

Olo Inc. (OLO) Tops Q2 EPS by 2c

August 10, 2021 4:13 PM EDT

Olo Inc. (NYSE: OLO) reported Q2 EPS of $0.03, $0.02 better than the analyst estimate of $0.01. Revenue for the quarter came in at $35.9 million versus the consensus estimate of $34.03 million.

The second quarter was another strong quarter of profitable growth for Olo. Restaurant digital sales proved... More

Olo Inc. (OLO) PT Raised to $38 at RBC Capital

August 9, 2021 6:18 AM EDT

RBC Capital analyst Matthew Hedberg raised the price target on Olo Inc. (NYSE: OLO) to $38.00 (from $35.00) while maintaining a Outperform rating.... More