BNP Paribas Exane analyst Thomas Poutrieux upgraded Toast (TOST) to Outperform from Neutral with a $40 price target While competition in point-ot-sale software for restaurants is accelerating, Toast’s leadership is intact, the analyst tells investors in a research note. BNP says its U.S. restaurant analysis by number of locations shows Toast “still has plenty of room to grow” in the U.S. outside of enterprise. The stock’s valuation is attractive and the company’s 2026 guidance should reassure investors, contends the firm.
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