RBC Capital Maintains Sector Perform on Toast, Raises Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Daniel Perlin has maintained a 'Sector Perform' rating on Toast (NYSE:TOST) and increased the price target from $23 to $27.
May 08, 2024 | 6:31 pm
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RBC Capital has maintained its 'Sector Perform' rating on Toast and raised the price target from $23 to $27.
The increase in price target by RBC Capital suggests a positive outlook on Toast's stock performance in the short term. This adjustment reflects an expectation of stronger performance or favorable market conditions for Toast, likely leading to increased investor confidence and potential upward movement in the stock price.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90