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Toast Inc (TOST) Receives a Hold from Mizuho Securities

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In a report released today, Dan Dolev from Mizuho Securities maintained a Hold rating on Toast Inc (TOSTResearch Report), with a price target of $24.00. The company’s shares closed last Tuesday at $28.12.

According to TipRanks.com, Dolev is a 3-star analyst with an average return of 2.0% and a 50.2% success rate. Dolev covers the Technology sector, focusing on stocks such as Automatic Data Processing, Fidelity National Info, and Robinhood Markets.

Currently, the analyst consensus on Toast Inc is a Moderate Buy with an average price target of $38.00.

See the top stocks recommended by analysts >>

Based on the recent corporate insider activity of 28 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TOST in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Toast Inc is a cloud-based, end-to-end technology platform purpose-built for the entire restaurant community. Its platform provides a suite of SaaS products, financial technology solutions including integrated payment processing, restaurant-grade hardware, and a broad ecosystem of third-party partners. It serves as the restaurant operating system, connecting front of house and back of house operations across dine-in, takeout, and delivery channels.

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