Toll Brothers Likely To Post Higher Q3 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Lisa Levin
Toll Brothers, Inc. (NYSE:TOL) is expected to report higher Q3 earnings at $2.81 per share, up from $2.35 per share a year ago. The company's revenue is projected to be $2.41 billion, compared to $2.26 billion in the year-ago period. Several analysts have recently adjusted their price targets for TOL, with the most bullish outlook coming from Raymond James, which upgraded the stock to a Strong Buy and set a price target of $100.
August 22, 2023 | 1:26 pm
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Toll Brothers is expected to report higher Q3 earnings and revenue. Analysts have adjusted their price targets, with the most bullish outlook from Raymond James.
The expected increase in Q3 earnings and revenue for Toll Brothers, along with the recent upgrades in price targets by analysts, particularly the bullish outlook from Raymond James, could have a positive impact on the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100