Toll Brothers price target raised to $122 from $115 at RBC Capital

RBC Capital analyst Mike Dahl raised the firm’s price target on Toll Brothers to $122 from $115 and keeps an Outperform rating on the shares after its Q1 earnings beat. The company saw stronger closings and slightly better margins, while the year-to-date demand strength supports both higher orders and resilient price and margins, the analyst tells investors in a research note.