UBS Maintains Buy on Toll Brothers, Raises Price Target to $112
Portfolio Pulse from Benzinga Newsdesk
UBS analyst John Lovallo maintains a Buy rating on Toll Brothers (NYSE:TOL) and increases the price target from $96 to $112.
December 07, 2023 | 4:47 pm
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POSITIVE IMPACT
UBS analyst John Lovallo maintains a Buy rating on Toll Brothers and raises the price target from $96 to $112, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like John Lovallo suggests a strong conviction in Toll Brothers' future performance. This typically instills confidence in investors and can lead to a short-term increase in the stock price as market participants react to the positive analyst coverage.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100