15 Analysts Have This to Say About Toast
Portfolio Pulse from Benzinga Insights
Within the last quarter, 15 analysts have provided ratings for Toast (NYSE:TOST), with an average 12-month price target of $18.87, which is a 24.79% decrease from the previous target of $25.09. The ratings include 2 bullish, 3 somewhat bullish, 7 indifferent, 3 somewhat bearish, and 0 bearish. Analysts use various methods to forecast stock performance, and while they are specialists, their predictions are not infallible.
December 06, 2023 | 12:00 pm
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Analysts have set a lower 12-month price target for Toast (NYSE:TOST) at $18.87, indicating a 24.79% decrease from the previous target. The consensus includes a mix of bullish, neutral, and somewhat bearish ratings.
The new average price target represents a significant decrease from the previous target, which could lead to a negative short-term impact on TOST's stock price. The mixed ratings indicate uncertainty, but the overall decrease in target price suggests that analysts are less optimistic about the stock's future performance.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100