Toast (TOST) Upgraded to Buy: What Does It Mean for the Stock?
TOSTToast(TOST) Zacks Investment Research·2024-05-08 01:01

Toast (TOST) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Since a changing earnings pictur ...