Keefe Bruyette raised the firm’s price target on Toast (TOST) to $42 from $40 and keeps a Market Perform rating on the shares. Toast is proving resilient in the current macro environment with consumer trends stable through early May, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TOST:
- Toast Inc’s Strong Q1 Performance and Growth Potential Justifies Buy Rating
- Toast Inc: Strong Growth Trajectory and Market Potential Justify Buy Rating
- Toast price target raised to $46 from $39 at Wells Fargo
- Toast, Inc. Reports Strong Q1 2025 Growth
- Hold Rating Maintained for Toast Inc. Amid Strong Performance and Valuation Concerns