Reported 1 day ago
JP Morgan has revised its price target for Toast, Inc. (NYSE: TOST) from $42 to $52, reflecting a 19.2% potential upside as the company reported robust Q2 earnings with a revenue of $1.55 billion, exceeding expectations. The firm maintains a Neutral rating due to concerns about the stock's valuation, despite Toast's notable growth and improvements in profit margins.
Source: YAHOO