RBC Capital analyst Mike Dahl lowered the firm’s price target on Toll Brothers (TOL) to $144 from $145 and keeps an Outperform rating on the shares after its Q4 earnings miss. The firm is also cutting its FY26 EPS view by about 2%, reflecting a softer margin outlook, as the management seeks to offset a shrinking backlog to find a proper pace/ price balance, the analyst tells investors in a research note.
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