TOST - 1 Wall Street Analyst Thinks Toast Stock Is Going to $30. Is It a Buy?
2024-03-09 06:00:00 ET
If you've ever worked in a restaurant, you'll know technology had largely passed the industry by. Most eateries have a hodgepodge of software applications for scheduling, inventory, payroll, digital ordering, and payment processing. Even worse, these systems don't communicate, making them even more burdensome.
That's why Toast (NYSE: TOST) has captured the attention of investors, driving its stock up 34% so far this year. The company's integrated software-as-a-service (SaaS) platform handles all those tasks and more, offering the industry an attractive solution.
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1 Wall Street Analyst Thinks Toast Stock Is Going to $30. Is It a Buy?