Toast: Patient Investors Will Be Richly Rewarded From Market Expansion
Group 1 - The analyst downgraded Toast (NYSE: TOST) from a "buy" to a "hold" after five consecutive "buy" ratings and a price appreciation of over 120% [1] - The downgrade was based on the belief that the magnitude of its growth may not be sustainable in the near term [1] Group 2 - Amrita runs a boutique family office fund focused on investing in sustainable, growth-driven companies that maximize shareholder equity [1] - The fund aims to meet growth-oriented goals while democratizing financial literacy and simplifying complex macroeconomic concepts [1] - Amrita has a background in high-growth supply-chain start-ups and has worked with venture capital firms to enhance user acquisition [1]