Keefe Bruyette raised the firm’s price target on Toast (TOST) to $40 from $29 and keeps a Market Perform rating on the shares. The firm adjusted ratings and price targets in the financial technology group as part of its 2025 outlook.
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Read More on TOST:
- Toast price target raised to $40 from $35 at BofA
- Toast and Uber expand partnership allowing restaurants delivery fees saving
- Toast downgraded to Neutral from Buy at DA Davidson
- Toast weakness due to margin expansion commentary, says Stephens
- Toast guided margins much lower than expectations, says Baird