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Toll Brothers price target lowered to $120 from $132 at Keefe Bruyette

Keefe Bruyette analyst Jade Rahmani lowered the firm’s price target on Toll Brothers (TOL) to $120 from $132. Toll Brothers should be well-positioned vs. entry-level builders, but the uncertain environment keeps the firm with a Market Perform rating, the analyst tells investors in a research note.

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