Wells Fargo Maintains Overweight on Toll Brothers, Raises Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Sam Reid has maintained an Overweight rating on Toll Brothers and increased the price target from $150 to $160.
August 22, 2024 | 3:13 pm
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POSITIVE IMPACT
Wells Fargo has reaffirmed its Overweight rating on Toll Brothers and increased the price target to $160, indicating confidence in the company's future performance.
The increase in price target from $150 to $160 by Wells Fargo suggests a positive outlook for Toll Brothers, likely leading to a short-term increase in stock price as investors react to the analyst's confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100