Oppenheimer Reiterates Outperform on Toll Brothers, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Tyler Batory reiterates an Outperform rating on Toll Brothers (NYSE:TOL) and raises the price target from $73 to $80.
May 25, 2023 | 12:17 pm
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POSITIVE IMPACT
Oppenheimer analyst Tyler Batory reiterates an Outperform rating on Toll Brothers and raises the price target from $73 to $80.
The news of Oppenheimer reiterating an Outperform rating and raising the price target for Toll Brothers is positive for the stock. This indicates that the analyst has a bullish outlook on the company's performance and expects the stock price to rise in the short term. The increased price target suggests that the analyst believes the stock is undervalued at its current price and has the potential to reach $80.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100