UPDATE: MKM Partners Downgrades Toll Bros. (TOL) to Neutral; Tired After Year-long Run
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Price: $146.04 -1.5%
Rating Summary:
22 Buy, 11 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 21 | New: 20
Rating Summary:
22 Buy, 11 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 21 | New: 20
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(Updated - August 23, 2012 12:52 PM EDT)
MKM Partners downgraded Toll Bros. (NYSE: TOL) from Buy to Neutral. PT raised to $36 from $34
Analyst, Megan McGrath, cut her rating on shares of TOL, feeling there is more limited potential upside for the shares in the near-to-mid term. Not complaining about a strong Q3 report, she just feels that they may not be much stream left considering shares have more than doubled in the past 12-months. The potential to pick up more stock on a pullback or on strong evidence of growth in 2013 would be the next opportunity.
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 $33.01 yesterday.
MKM Partners downgraded Toll Bros. (NYSE: TOL) from Buy to Neutral. PT raised to $36 from $34
Analyst, Megan McGrath, cut her rating on shares of TOL, feeling there is more limited potential upside for the shares in the near-to-mid term. Not complaining about a strong Q3 report, she just feels that they may not be much stream left considering shares have more than doubled in the past 12-months. The potential to pick up more stock on a pullback or on strong evidence of growth in 2013 would be the next opportunity.
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 $33.01 yesterday.
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