TOL News & Analysis
2 articles
Market Mood
Street Calls of the Week: Five Analyst Upgrades From T-Mobile to Toll Brothers
This week's street calls feature five analyst upgrades. BofA Securities upgraded T-Mobile US (TMUS) to Buy with a $220 target, citing insulation from satellite threats and strong urban pricing power. Deutsche Bank upgraded First Solar (FSLR) to Buy at $272 after a 27% decline it views as deeply mispriced, and Evercore raised Occidental Petroleum (OXY) to Outperform with a $65 target on its de-levered balance sheet. Mizuho upgraded Five Below (FIVE) to Outperform at $220 on stickier customer retention, and Citi upgraded Toll Brothers (TOL) to Buy with a $176 target as the only pure-play public luxury homebuilder. For ordinary investors, these calls flag where Wall Street currently sees mispriced entry points.
Read More: Street Calls of the Week: Five Analyst Upgrades From T-Mobile to Toll Brothers
Toll Brothers (TOL) Shares Rise 29.7% in Past Year Amid Leadership Change
Toll Brothers, Inc. (TOL) shares are up 29.7% over the past year, with a 9.8% increase on May 20 after the company reported its fiscal second quarter earnings on May 19. The share price target has been adjusted by Truist to $170 from $190 while maintaining a Buy rating, and by Barclays to $115 from $116 with an Underweight rating. These changes reflect market sentiments amid impacts from inflation and geopolitical factors. The retirement of the CEO has also drawn attention, as discussions of leadership impact on future performance continue.
Read More: Toll Brothers (TOL) Shares Rise 29.7% in Past Year Amid Leadership Change