Morgan Stanley Maintains Overweight on Toast, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Josh Baer has maintained an Overweight rating on Toast (NYSE:TOST) but lowered the price target from $28 to $22.

November 08, 2023 | 9:40 pm
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Morgan Stanley has maintained an Overweight rating on Toast but lowered the price target from $28 to $22.
The news is directly about Toast and is likely to impact its stock price. While the Overweight rating suggests that Morgan Stanley expects the stock to outperform, the lowering of the price target may create some negative sentiment among investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100