Needham Maintains Buy on Toast, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mayank Tandon has maintained a 'Buy' rating on Toast (NYSE:TOST) but lowered the price target from $31 to $20.
November 08, 2023 | 10:00 pm
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Needham analyst has maintained a 'Buy' rating on Toast but lowered the price target from $31 to $20.
The news is directly related to Toast (TOST). While the 'Buy' rating is maintained, the lowering of the price target could indicate a potential downside risk. However, the impact on the stock price in the short term is uncertain as it could be influenced by other market factors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100