Redburn Atlantic Upgrades Toast to Buy, Announces $28 Price Target
Portfolio Pulse from Benzinga Newsdesk
Redburn Atlantic analyst Dominic Ball upgrades Toast (NYSE:TOST) from Neutral to Buy and sets a $28 price target.

February 07, 2024 | 11:17 am
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Toast upgraded from Neutral to Buy by Redburn Atlantic with a $28 price target.
Analyst upgrades typically lead to positive short-term price movements as they reflect a positive change in the analyst's view of the company's future prospects. The upgrade from Neutral to Buy suggests a strong confidence in Toast's potential for growth, and the $28 price target indicates a significant upside from current levels. This is likely to attract investor interest and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100