Piper Sandler Downgrades Toast to Neutral, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brent Bracelin has downgraded Toast (NYSE:TOST) from Overweight to Neutral and lowered the price target from $27 to $17.
November 08, 2023 | 10:24 pm
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Toast has been downgraded from Overweight to Neutral by Piper Sandler, with a reduced price target of $17.
The downgrade from Overweight to Neutral by Piper Sandler, along with a reduced price target, indicates a less optimistic outlook for the company. This could potentially lead to a decrease in the stock price in the short term.
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