JPMorgan Sees Regulatory Upside, Keeps $43 Target on Toast (TOST)

Toast, Inc. (NYSE:TOST) is included among the 13 Best Blue Chip Stocks to Buy Under $50. JPMorgan Sees Regulatory Upside, Keeps $43 Target on Toast (TOST) On December 4, JPMorgan analyst Tien-tsin Huang upgraded Toast, Inc. (NYSE:TOST) to Overweight from Neutral and kept the price target at $43. The firm said there could be meaningful upside to estimates if interchange fees end up being regulated. JPMorgan also noted that Toast should continue delivering “top decile growth” as a software-driven payments ...