Truist initiated coverage of Toll Brothers (TOL) with a Buy rating and $190 price target The firm launched coverage on the homebuilding industry, saying revenues will be mostly down in 2026, with modest overall unit declines and potentially some pricing pressure. Truist sees 2026 as a “bottom year” for margins and demand, which could result in “notable” 2027 earnings growth. It believes Toll is undervalued compared to its future return on equity potential. The company is “uniquely positioned to benefit from any greenshoots in the resilient luxury home market in 2027,” Truist contends.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TOL:
- 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