Wedbush Maintains Neutral on Toll Brothers, Raises Price Target to $148
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Jay McCanless maintains a Neutral rating on Toll Brothers (NYSE:TOL) but raises the price target from $120 to $148.
August 27, 2024 | 1:58 pm
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POSITIVE IMPACT
Wedbush has maintained a Neutral rating on Toll Brothers but increased the price target from $120 to $148, indicating a positive outlook despite the neutral stance.
The increase in the price target from $120 to $148 suggests that the analyst sees potential upside in the stock, which could lead to a positive short-term impact on the stock price. However, the Neutral rating indicates some caution, balancing the positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100