Toast Stock Upgraded on Strong Growth Expectations

Software stock Toast Inc (NYSE:TOST) is up 1.7% to trade at $35.78 at last check, after scoring an upgrade at J.P. Morgan Securities to "overweight" from "neutral." The analyst in coverage cited expectations of strong growth, as the brokerage favors companies within the payments and fintech space that boast pricing power, strong margins, and 2026 front book velocity.Coming into today, 12 of the 29 analysts in question called Toast stock a tepid "hold." This means there is still plenty of room for more analy ...