Wells Fargo raised the firm’s price target on Toll Brothers to $170 from $163 and keeps an Overweight rating on the shares after spending time with management in Las Vegas. Toll Brothers is executing on both growth and profitability, with its core move-up and luxury opportunities still optimally positioned vs peers, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TOL:
- Sunrun’s pact with toll bodes well for growth, says Goldman Sachs
- Sunrun new Toll pact a potential offset to Costco headwinds, says Morgan Stanley
- Toll Brothers, Sunrun announce new national partnership
- Toll Brothers CEO Yearley sells 25,000 common shares
- Toll Brothers price target raised to $165 from $160 at BofA