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Toast Stock Has 31% Upside, According to 1 Wall Street Analyst
TOSTToast(TOST) The Motley Fool·2024-03-05 10:05

Toast (TOST 4.32%) is seeing growing demand for its cloud-based technology platform for the restaurant industry. The market is noticing this, and the stock price rallied sharply this year, up 34% year to date.While there are mixed opinions on the stock on Wall Street, analysts at Evercore ISI Group recently weighed in with an outperform (buy) rating and a $32 price target, representing a potential upside in the near term of 31%. Here's why Evercore might be right.Why buy Toast stockThe mixed views on Toast' ...