Toll Brothers price target raised to $110 from $94 at Evercore ISI

Evercore ISI raised the firm’s price target on Toll Brothers to $110 from $94 and keeps an Outperform rating on the shares after the company reported Q4 adjusted diluted EPS of $4.17 that beat the firm’s $3.69 estimate and Street consensus of $3.71. Overall it was a “strong quarter,” says the analyst, who raised the firm’s FY24 EPS estimate to $12.67 from $12.20 and introduced an FY25 EPS forecast of $14.21.