Toll Bros. (TOL) PT Raised to $54 at Wells Fargo, Buy The Dip
Wells Fargo raised its price target on Toll Bros. (NYSE: TOL) to $54.00 (from $42.00) while maintaining a Outperform rating.
Analyst Stephen East continues to buy the stock as value is present relative to peers and compared with history. The analyst believes the valuation is too low and says investors should "buy today's dip."