08:26pm ET05/24/2024
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.
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06:15pm ET05/24/2024
Magnite could generate $44 million/$69 million/$199 million in revenue in 2026, 2027 and 2028 — all thanks to Netflix.
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06:10pm ET05/24/2024
Boeing and NASA prepare for the Starliner Crew Flight Test despite a stable helium leak in the propulsion system. Targeting a June 1 launch, this mission will be the first to carry U.S. astronauts.
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06:09pm ET05/24/2024
Stifel analyst upgrades SAIA to Buy, reduces price target, citing recent performance. Sees potential for growth in LTL industry.
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