Accueil > Actualité
Actualite financiere : Actualite bourse

Toll Brothers: Wells Fargo raises target price

( - Wells Fargo reaffirms its 'overweight' recommendation on Toll Brothers with a price target raised from $105 to $120, adding the homebuilder's stock to its 'tactical idea list' for the first quarter of 2024.

"We see TOL as a relative outperformer vs peers in '24 via a combo of doable guide, pricing power & solid execution", the broker says.

According to Wells Fargo, the group is likely to be gaining market share from smaller, private builders, "and this, together with its ongoing pivot to 'near luxury', present NT & LT vol opportunities".

Copyright (c) 2024 All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.




Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.