RBC Capital Upgrades Toll Brothers to Outperform, Raises Price Target to $77
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Mike Dahl upgrades Toll Brothers (NYSE:TOL) from Sector Perform to Outperform and raises the price target from $55 to $77.
May 25, 2023 | 9:23 am
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Toll Brothers upgraded to Outperform by RBC Capital, with a raised price target of $77.
RBC Capital's upgrade of Toll Brothers from Sector Perform to Outperform and the increase in the price target from $55 to $77 indicate a positive outlook for the company. This is likely to have a positive short-term impact on TOL's stock price as investors may view the upgrade as a sign of improved performance and growth potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100