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Toast Stock Upgraded on Strong Growth Expectations
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Toast Inc's stock (NYSE:TOST) rose 1.7% to $35.78 after J.P. Morgan Securities upgraded it to "overweight" from "neutral," citing strong growth expectations. The stock is still below its year-to-date breakeven and has dropped 17.9% over the past year. Analysts see potential for more upgrades, which could boost the stock further. The stock is testing its 50-day moving average, and options are attractively priced.
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