Toast Stock Could Soar 21%, According to a Wall Street Analyst. Is It a Buy Now?
TOSTToast(TOST) The Motley Fool·2024-07-22 17:29

Toast's restaurant management software is more popular than ever, but the fast-growing business is still losing money.Shares of Toast (TOST 2.49%) recently got a little bump from a positive analyst note. Dan Dolev at Mizuho upgraded his rating on the stock to outperform and raised his price target to $33 per share.Dolev's new price target implies a 21% gain over the next 12 months if the rest of the stock market begins viewing the restaurant software company in the same light as he does.Is now a good time f ...