Morgan Stanley raised the firm’s price target on Toast (TOST) to $50 from $46 and keeps an Overweight rating on the shares. Toast beat and raised across top and bottom line financial metrics and the 2025 guidance raise was greater than the Q1 beat, notes the analyst, who sees the company driving steady share gains given its “market dominance,” stemming from competitive differentiation and strong execution.
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Read More on TOST:
- Optimistic Buy Rating for Toast Inc: Strong Market Position and Growth Potential Highlighted by Impressive Financial Performance and Strategic Achievements
- Toast price target raised to $42 from $40 at Keefe Bruyette
- 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