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Analysts Have Conflicting Sentiments on These Technology Companies: Olo (OLO) and BlackBerry (BB)

Analysts have been eager to weigh in on the Technology sector with new ratings on Olo (OLOResearch Report) and BlackBerry (BBResearch Report).

Olo (OLO)

In a report issued on September 23, Matthew Hedberg from RBC Capital maintained a Buy rating on Olo, with a price target of $12.00. The company’s shares closed last Monday at $7.72, close to its 52-week low of $7.16.

According to TipRanks.com, Hedberg ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -14.5% and a 26.8% success rate. Hedberg covers the Technology sector, focusing on stocks such as Ping Identity Holding, CrowdStrike Holdings, and Altair Engineering.

Olo has an analyst consensus of Moderate Buy, with a price target consensus of $12.60.

See today’s best-performing stocks on TipRanks >>

BlackBerry (BB)

RBC Capital analyst Paul Treiber maintained a Hold rating on BlackBerry on September 23 and set a price target of $6.50. The company’s shares closed last Monday at $4.97, close to its 52-week low of $4.70.

According to TipRanks.com, Treiber is a 4-star analyst with an average return of 6.6% and a 54.5% success rate. Treiber covers the Technology sector, focusing on stocks such as The Descartes Systems Group, Enghouse Systems, and Sierra Wireless.

Currently, the analyst consensus on BlackBerry is a Hold with an average price target of $6.75.

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