Forecasting The Future: 14 Analyst Projections For Toast
Portfolio Pulse from Benzinga Insights
In the last three months, 14 analysts have published ratings on Toast (NYSE:TOST), with a mix of bullish, somewhat bullish, indifferent, and somewhat bearish sentiments. The average 12-month price target is $27.21, reflecting a 13.0% increase from the previous average. Analysts have adjusted their ratings and price targets, with some raising their targets significantly. Toast, a restaurant technology company, has shown strong revenue growth but faces challenges in profitability and asset utilization.
July 18, 2024 | 8:01 pm
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Analysts have mixed ratings on Toast (NYSE:TOST) with an average 12-month price target of $27.21, up 13% from the previous average. The company shows strong revenue growth but faces profitability challenges.
The mixed analyst ratings and the increase in the average price target suggest a cautiously optimistic outlook for Toast. The company's strong revenue growth is a positive indicator, but challenges in profitability and asset utilization may temper short-term gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100