Wall Street analysts expect smooth CEO transition for Toast (TOST)
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/22/2026
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- SpaceX and Tesla’s AI linkup is getting deeper. Here’s what Morgan Stanley sees
UBS Takes Toast Inc. (TOST) to Buy on 'limited risk from the appointment of Aman Narang'
September 6, 2023 4:26 AM EDT(Updated - September 6, 2023 6:10 AM EDT)
UBS analyst Rayna Kumar upgraded Toast Inc. (NYSE: TOST) from Neutral to Buy with a price target of $30.00 (from $25.00).
The analyst comments "We are upgrading Toast to Buy from Neutral and raising our price target to $30 from $25 on improved potential for quarterly net new location adds and margin expansion. Toast remains... More
William Blair Positive on Toast Inc. (TOST) Planned CEO Transition
September 6, 2023 4:16 AM EDTWilliam Blair analyst Stephen Sheldon reiterated an Outperform rating and {REMOVEPT} price target on Toast Inc. (NYSE: TOST)
The analyst comments "We briefly spoke with Toast after the announcement and believe the CEO transition was part of the companys longer-term succession plan. It is important to note that the IR team said that the leadership transition was not related to the unsuccessful implementation of the $0.99... More
Toast (TOST) Appoints Aman Narang as CEO
September 5, 2023 8:33 AM EDTToast (NYSE: TOST), the all-in-one digital technology platform built for restaurants, today announced the appointment of Aman Narang as CEO, effective January 1, 2024. Narang has served as Toasts Co-President since December 2012 and Chief Operating Officer since June 2021. He will take over as CEO from Chris Comparato, who has served as the companys CEO since February 2015, leading Toast through a remarkable period of growth with a focus on profitability and operational excellence. Both Comparato and Narang will remain on the Board.
Since co-founding the company in his basement in 2011 alongside Steve Fredette and... More
