Evercore ISI Group Initiates Coverage On Toast with Outperform Rating, Announces Price Target of $32
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Sheriq Sumar initiates coverage on Toast (TOST) with an Outperform rating and a price target of $32.
March 04, 2024 | 11:34 am
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Evercore ISI Group has initiated coverage on Toast with an Outperform rating and a price target of $32, indicating a positive outlook on the stock.
The initiation of coverage by a reputable analyst firm like Evercore ISI Group with an Outperform rating and a specific price target usually signals a positive market sentiment towards the stock. This can often lead to increased investor interest and potentially a rise in stock price in the short term, especially if the market consensus aligns with this positive outlook.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100