On Nov 08, major Wall Street analysts update their ratings for $Toast (TOST.US)$, with price targets ranging from $25 to $50.
Morgan Stanley analyst Josh Baer maintains with a buy rating, and adjusts the target price from $33 to $45.
BofA Securities analyst Jason Kupferberg maintains with a hold rating, and adjusts the target price from $28 to $35.
Wells Fargo analyst Andrew Bauch maintains with a sell rating, and adjusts the target price from $23 to $25.
Mizuho Securities analyst Dan Dolev maintains with a buy rating.
Needham analyst Mayank Tandon maintains with a buy rating, and adjusts the target price from $30 to $50.
Furthermore, according to the comprehensive report, the opinions of $Toast (TOST.US)$'s main analysts recently are as follows:
The company's third-quarter results were notably strong, surpassing expectations, which has been acknowledged by the analyst.
Initial impressions of the company's third-quarter financial results were positive, with performance surpassing expectations and future projections being elevated. These outcomes were influenced by singular advantages, strategic pricing decisions, and the company's financing division. However, there's an anticipation that the heightened interest could diminish as the details of the quarter are more thoroughly analyzed. The overall assessment suggests that the potential for gain or loss is tilted towards the latter.
Q3 outcomes for Toast were robust, with recurring gross profit picking up pace, despite a slowdown in the growth of locations and volume per location. It is perceived that the risk/reward stands at an equilibrium.
Here are the latest investment ratings and price targets for $Toast (TOST.US)$ from 6 analysts:
Note:
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