Exane BNP Paribas analyst Aubrey Tianello initiates coverage on Steven Madden (NASDAQ:SHOO) with a Outperform rating.
Toast Is a Dominant Player With Impressive Momentum, Says Analyst
Wedbush analyst Moshe Katri initiated coverage on Toast with an outperform rating and a $30 price target. Toast reported Q1 revenue of $1.075 billion, surpassing estimates. For 2024, adjusted EBITDA is expected between $250 million and $270 million. The analyst highlighted Toast's robust U.S. SMB pipeline and international market traction, projecting over 30% Y/Y growth in gross profit and EBITDA for FY24 and FY25.
