Mizuho Maintains Buy on Toast, Raises Price Target to $30
Portfolio Pulse from jenniferd'souza@benzinga.com
Mizuho analyst Dan Dolev has maintained a 'Buy' rating on Toast (NYSE:TOST) and raised the price target from $27 to $30.
August 14, 2023 | 1:07 pm
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POSITIVE IMPACT
Mizuho has maintained a 'Buy' rating on Toast and raised the price target from $27 to $30, which could potentially increase investor confidence and positively impact the stock price.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. A maintained 'Buy' rating indicates continued confidence in the company's performance, while an increased price target suggests the analyst expects the stock to outperform its previous expectations. This could lead to increased investor interest and a potential rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100