Evaluating Toast: Insights From 8 Financial Analysts
Portfolio Pulse from Benzinga Insights
Toast (NYSE:TOST) has received mixed ratings from 8 analysts over the past three months, with a current average price target of $28.5. Analysts' ratings range from 'Buy' to 'Neutral', with some raising and others lowering their price targets. Toast's financial performance shows strong revenue growth but challenges in profitability and returns. The company maintains a prudent debt management strategy.
September 12, 2024 | 8:00 pm
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NEUTRAL IMPACT
Toast has received a range of analyst ratings from 'Buy' to 'Neutral', with a current average price target of $28.5, reflecting a 6.03% increase from the previous target. The company's strong revenue growth contrasts with its challenges in profitability and returns.
The mixed analyst ratings and the increase in the average price target suggest a neutral short-term impact on Toast's stock price. The company's strong revenue growth is a positive indicator, but challenges in profitability and returns may offset this, leading to a balanced outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100