Toll Brothers (TOL) Receives a Buy from Truist Financial
Truist Financial analyst initiated coverage with a Buy rating on Toll Brothers today and set a price target of $190.00.
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In addition to Truist Financial, Toll Brothers also received a Buy from Wells Fargo’s Sam Reid in a report issued today. However, on February 26, Citi maintained a Hold rating on Toll Brothers (NYSE: TOL).
Based on Toll Brothers’ latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $2.15 billion and a net profit of $210.93 million. In comparison, last year the company earned a revenue of $1.86 billion and had a net profit of $177.7 million
Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TOL in relation to earlier this year. Earlier this month, Douglas C. Yearley, the CEO of TOL sold 27,014.00 shares for a total of $4,299,278.10.
Read More on TOL:
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- Toll Brothers price target raised to $162 from $141 at Citi
- Toll Brothers price target raised to $170 from $143 at Keefe Bruyette
- Toll Brothers price target raised to $143 from $141 at JPMorgan
- Toll Brothers price target raised to $116 from $110 at Barclays
- Toll Brothers price target raised to $180 from $160 at BofA
