Decoding 14 Analyst Evaluations For Toast
Portfolio Pulse from Benzinga Insights
Toast (NYSE:TOST) has been analyzed by 14 analysts, revealing a range of ratings from bullish to bearish. The average 12-month price target is $27.21, up 13% from the previous $24.08. Analysts have recently raised their price targets, reflecting positive sentiment. Toast's financial performance shows strong revenue growth but challenges in profitability and returns.
July 18, 2024 | 12:03 pm
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Toast has received a range of analyst ratings, with a notable increase in the average 12-month price target to $27.21, reflecting a 13% rise. Analysts have raised their price targets, indicating positive sentiment. However, the company faces challenges in profitability and returns despite strong revenue growth.
The increase in the average price target and the positive sentiment from multiple analysts suggest a likely short-term price increase for Toast. However, the company's challenges in profitability and returns may temper long-term expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100