Toll Brothers Analysts Boost Their Forecasts After Strong Q3 Results
Portfolio Pulse from Lisa Levin
Toll Brothers (NYSE:TOL) reported strong Q3 results, beating consensus estimates with revenue of $2.69 billion and earnings of $3.73 per share. The company also raised its guidance, expecting to deliver between 2,650 and 2,750 units in Q4. Following the announcement, several analysts increased their price targets on Toll Brothers, including Goldman Sachs, Deutsche Bank, Barclays, Raymond James, Oppenheimer, and Wedbush.
August 24, 2023 | 1:24 pm
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Toll Brothers reported strong Q3 results and raised its guidance, leading to increased price targets from several analysts.
Toll Brothers reported strong Q3 results, beating consensus estimates and raising its guidance. This positive news led to increased price targets from several analysts, indicating a positive short-term impact on the company's stock.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100