Needham Maintains Buy on Toast, Raises Price Target to $31
Portfolio Pulse from jenniferd'souza@benzinga.com
Needham analyst Mayank Tandon has maintained a 'Buy' rating on Toast (NYSE:TOST) and raised the price target from $30 to $31.
August 09, 2023 | 3:03 pm
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POSITIVE IMPACT
Needham analyst has maintained a 'Buy' rating on Toast and raised the price target from $30 to $31. This could potentially increase investor confidence and positively impact the stock price.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. In this case, the 'Buy' rating maintained by Needham and the increase in price target for Toast indicates a positive outlook for the company, which could potentially lead to an increase in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100