Mizuho Maintains Neutral on Toast, Raises Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Dan Dolev has maintained a Neutral rating on Toast (NYSE:TOST) while raising the price target from $17 to $21.
May 09, 2024 | 12:04 pm
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Mizuho analyst Dan Dolev maintains a Neutral rating on Toast, but raises the price target from $17 to $21.
The increase in price target from $17 to $21 by a reputable analyst suggests a positive outlook on the stock's value, potentially leading to increased investor interest and a short-term positive impact on the stock price. However, the Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, suggesting limited upside potential.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100