Where Toast Stands With Analysts
Portfolio Pulse from Benzinga Insights
Analysts have provided a range of ratings for Toast (NYSE:TOST) over the past three months, with a mix of bullish, neutral, and bearish perspectives. The average 12-month price target has increased to $28.6, reflecting a positive outlook. Toast, a restaurant technology company, has shown significant revenue growth but faces challenges in profitability and asset utilization.
October 14, 2024 | 12:01 pm
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POSITIVE IMPACT
Toast has received mixed analyst ratings, with a recent increase in the average 12-month price target to $28.6. The company shows strong revenue growth but struggles with profitability and asset utilization.
The increase in the average price target suggests a positive short-term outlook for Toast's stock. Analysts' mixed ratings indicate varied expectations, but the upward trend in price targets reflects optimism. Toast's strong revenue growth supports this positive sentiment, although challenges in profitability and asset utilization may temper expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100