Wedbush Initiates Coverage On Toast with Outperform Rating, Announces Price Target of $30
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Moshe Katri has initiated coverage on Toast (NYSE:TOST) with an Outperform rating and set a price target of $30.
May 24, 2024 | 12:02 pm
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POSITIVE IMPACT
Wedbush analyst Moshe Katri has initiated coverage on Toast with an Outperform rating and a price target of $30. This positive analyst rating and price target could boost investor confidence and potentially drive the stock price up in the short term.
The initiation of coverage with an Outperform rating and a specific price target of $30 by a reputable analyst can positively influence investor sentiment. This is likely to result in increased buying activity, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100