Toast price target raised to $30 from $27 at Mizuho

Mizuho raised the firm’s price target on Toast to $30 from $27 and keeps a Buy rating on the shares. The company reported “very strong” Q2 results and the business has not seen major attrition as a result of the online ordering fee situation, the analyst tells investors in a research note. The firm continues to view Toast as a top-pick in the space.