On CNBC's “Mad Money Lightning Round,” Jim Cramer said he would buy shares of Toast, Inc. (NYSE:TOST), but only after the restaurant management software company reports earnings results on Nov. 4.Supporting his views, Citigroup analyst Bryan Keane, on Oct. 22, initiated coverage on Toast with a Buy rating and announced a price target of $51, while Wells Fargo analyst Jason Kupferberg initiated coverage on the stock with an Overweight rating and announced a price target of $47.Cramer also likes Energy Transf ...

Core Insights - Toast, Inc. (NYSE: TOST) has been rated as a Buy by Freedom Capital Markets, with a price target set at $45, highlighting its successful penetration of the US restaurant market [1][2] - The company has achieved approximately 15% market coverage in US restaurant locations since 2011 [1] - Freedom Capital Markets identifies multiple growth catalysts for Toast, including market share gains in small and medium-sized businesses, opportunities in enterprise, food and beverage retail, and international markets [2][3] Company Overview - Toast, Inc. is an American company that provides financial technology solutions and restaurant management software, offering a cloud-based, all-in-one digital technology platform tailored for the restaurant industry [4] - The platform includes solutions for point of sale, payments, operations, digital ordering and delivery, marketing and loyalty, and team management [4] Growth Potential - The firm believes that the identified opportunities can drive sustained growth in key performance indicators, particularly in net new locations and annualized recurring revenue [3] - Toast may exceed its medium-term targets shared during its May 2024 Investor Day [3]