Morgan Stanley raised the firm’s price target on Toast (TOST) to $56 from $54 and keeps an Overweight rating on the shares, which have been named the analyst’s Top Pick after another quarter of “compelling market share gains. and greater than 30% growth. Positive estimate revisions can push shares higher, while the durability of growth against a significant opportunity position Toast as a compounder, the analyst tells investors.
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Read More on TOST:
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