Toast shares are trading higher after Stephens & Co. maintained an Equal-Weight rating and raised its price target from $28 to $30.
Portfolio Pulse from Benzinga Newsdesk
Toast shares rose after Stephens & Co. maintained an Equal-Weight rating and increased its price target from $28 to $30.
October 18, 2024 | 7:42 pm
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Toast shares increased following Stephens & Co.'s decision to maintain an Equal-Weight rating and raise the price target from $28 to $30.
The increase in price target from $28 to $30 by Stephens & Co. suggests a positive outlook, which likely contributed to the rise in Toast's share price. Maintaining an Equal-Weight rating indicates a neutral stance, but the raised target can boost investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100