Stephens & Co. Maintains Equal-Weight on Toast, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Charles Nabhan maintains an Equal-Weight rating on Toast (NYSE:TOST) and raises the price target from $28 to $30.
October 18, 2024 | 5:22 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Stephens & Co. has maintained its Equal-Weight rating on Toast and increased the price target from $28 to $30, indicating a slightly positive outlook.
The increase in price target from $28 to $30 suggests a positive outlook on Toast's future performance, which could lead to a short-term increase in stock price. However, the Equal-Weight rating indicates a neutral stance relative to the market, balancing the impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100