Wells Fargo Maintains Overweight on Toll Brothers, Raises Price Target to $170
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Sam Reid has maintained an Overweight rating on Toll Brothers (NYSE:TOL) and increased the price target from $163 to $170.
September 27, 2024 | 3:54 pm
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POSITIVE IMPACT
Wells Fargo has reaffirmed its Overweight rating on Toll Brothers and increased the price target to $170, indicating confidence in the company's future performance.
The increase in price target from $163 to $170 by Wells Fargo suggests a positive outlook on Toll Brothers' future performance. This is likely to boost investor confidence and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100