KeyBanc Upgrades Toll Bros. (TOL) to Buy; Sustained Job Growth
Get Alerts TOL Hot Sheet
Price: $117.85 -0.72%
Rating Summary:
20 Buy, 13 Hold, 2 Sell
Rating Trend: Down
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 9
Rating Summary:
20 Buy, 13 Hold, 2 Sell
Rating Trend: Down
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 9
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KeyBanc upgraded Toll Bros. (NYSE: TOL) from Hold to Buy with a price target of $31.00.
KeyBanc analyst said, "Sustained local job growth (Local Job-to-Permit Analysis: Austin to Zener, April 13, 2012) supports our shift to fundamental growth vs. our prior trading range. Toll Brothers is distinguished vs. other builders by both its high-end homes and land acquisitions that should deliver superior gains vs. its peers through the cycle."
For an analyst ratings summary and ratings history on Toll Bros. click here. For more ratings news on Toll Bros. click here.
Shares of Toll Bros. closed at $23.15 yesterday.
KeyBanc analyst said, "Sustained local job growth (Local Job-to-Permit Analysis: Austin to Zener, April 13, 2012) supports our shift to fundamental growth vs. our prior trading range. Toll Brothers is distinguished vs. other builders by both its high-end homes and land acquisitions that should deliver superior gains vs. its peers through the cycle."
For an analyst ratings summary and ratings history on Toll Bros. click here. For more ratings news on Toll Bros. click here.
Shares of Toll Bros. closed at $23.15 yesterday.
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