Goldman Sachs Maintains Sell on Toll Brothers, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Susan Maklari maintains a Sell rating on Toll Brothers (NYSE:TOL) and raises the price target from $57 to $70.
July 13, 2023 | 12:23 pm
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NEGATIVE IMPACT
Despite the raised price target from $57 to $70, Goldman Sachs maintains a Sell rating on Toll Brothers.
The Sell rating maintained by Goldman Sachs indicates a negative outlook for Toll Brothers. However, the raised price target suggests that the analyst sees some potential upside. This mixed signal could create uncertainty among investors, potentially leading to short-term price volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100