Reported 1 day ago
Toast Inc. (NYSE: TOST), a rapidly growing technology company, has seen analysts boost their price targets following its solid operational performance and broadening market presence. JP Morgan raised its target from $42 to $52, while Goldman Sachs adjusted theirs to $51, both maintaining a Neutral rating. Canaccord Genuity provided a more optimistic outlook, increasing its target from $48 to $54 and reiterating a Buy rating, attributed to strong demand for Toast’s hardware and software solutions designed for the restaurant industry.
Source: YAHOO