JPMorgan analyst Tien-tsin Huang lowered the firm’s price target on Toast (TOST) to $43 from $52 and keeps a Neutral rating on the shares. The company showed strong exaction in Q3’s “beat and raise” quarter, the analyst tells investors in a research note.
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Read More on TOST:
- Toast Inc’s Strong Performance and Strategic Growth Initiatives Justify Buy Rating
- Toast Inc: A Compelling Investment Opportunity with Strong Growth Potential and Undervalued Stock
- Toast price target raised to $56, named a Top Pick at Morgan Stanley
- Toast price target lowered to $45 from $54 at Jefferies
- Toast price target lowered to $50 from $55 at UBS
