UPDATE: Piper Jaffray Upgrades OpenTable as Efforts to Drive Seated Diner Growth are Just Getting Started
October 04, 2013 at 10:38 AM EDT
In a report published Friday, Piper Jaffray analyst Michael J. Olson upgraded the rating on OpenTable (NASDAQ: OPEN ) from Neutral to Overweight, and raised the price target from $65.00 to $80.00. In the report, Piper Jaffray noted, “We are upgrading shares of OPEN to Overweight and increasing our price