Analyst Sees Promising Outlook For Toll Brothers Amid Strong Margins And Low Cancelation Rates
Portfolio Pulse from Shivani Kumaresan
Credit Suisse analyst Dan Oppenheim reiterated an Outperform rating on Toll Brothers Inc (NYSE:TOL) with a price target of $73. The analyst increased the 2023 and 2024 EPS estimates based on stronger margins, other income, higher deliveries, and recovery in order trends.
May 31, 2023 | 6:28 pm
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Credit Suisse analyst Dan Oppenheim reiterated an Outperform rating on Toll Brothers Inc (NYSE:TOL) with a price target of $73, citing strong margins, low cancelation rates, and higher deliveries.
The analyst's positive outlook on Toll Brothers is based on strong margins, low cancelation rates, and higher deliveries. This indicates a promising future for the company, which is likely to have a positive impact on its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100