Goldman Sachs analyst Susan Maklari lowered the firm’s price target on Toll Brothers (TOL) to $140 from $142 and keeps a Neutral rating on the shares. Toll’s FY26 guide reflects the ongoing uncertainty in housing, with potential upside driven by company-specifics as well as demand in the selling season, the analyst tells investors in a research note. The firm further notes that on the call, the management noted incentives were elevated in the quarter, though consumers are also said to be responding with deposits in the last six weeks coming in flat y/y following a tough comp of 22% in Q1.
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