Toast Stock Has 25% Downside, According to 1 Wall Street Analyst
Toast(TOST) The Motley Fool·2024-04-15 18:17
The company exists in a tough economic environment and hasn't yet proven it can make money consistently.A cautionary note for all the stock analyst watchers out there -- a price target increase does not automatically mean a buy recommendation.A notable example of this dichotomy can be seen in a change one pundit made to his price target on specialty tech stock Toast (TOST -4.83%). The analyst is concerned that the company will face mounting competition, and will struggle to win the large clients it needs to ...