Barclays Maintains Underweight on Toll Brothers, Raises Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matthew Bouley has maintained an Underweight rating on Toll Brothers (NYSE:TOL) but raised the price target from $95 to $115.

February 26, 2024 | 12:12 pm
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Barclays maintains an Underweight rating on Toll Brothers but raises the price target from $95 to $115.
While the Underweight rating suggests a cautious view on Toll Brothers' stock, the increase in price target from $95 to $115 indicates a positive adjustment in the valuation outlook. This mixed signal could lead to neutral short-term price movement as investors weigh the unchanged rating against the higher price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100