Housing recovery intact despite drop in new home sales

Go back to Housing recovery intact despite drop in new home sales

Toll Bros. (TOL) PT Raised to $43 at BofA/Merrill Lynch on 2Q Beat; 'Order Growth Strong'

May 24, 2017 6:39 AM EDT

BofA/Merrill Lynch raised its price target on Toll Bros. (NYSE: TOL) to $43.00 (from $40.00) while maintaining a Buy rating, following the company's second quarter earnings report.

Analyst John Lovallo II notes the company delivered second quarter earnings per share and revenues above the... More