Citi Upgrades Toll Brothers (TOL) to Buy
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Shares of Toll Brothers (NYSE: TOL) are indicated higher this morning following an upgrade from Citi's Josh Levin. While the last trade was at $17.22, the bid/ask is currently at $17.61 and $17.98, respectively.
The Citi analyst moved his investment rating on the homebuilder from Hold to Buy, also maintaining a $23 price target. From yesterday's close, the firm's target represents potential upside of more than 33%.
To see all the market-moving upgrades/downgrades on shares of Toll Brothers, visit our Analyst Ratings page.
Toll Brothers, Inc. engages in designing, building, marketing, and arranging finance for single-family detached and attached homes in luxury residential communities in the United States.
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