UBS lowered the firm’s price target on Toll Brothers (TOL) to $181 from $183 and keeps a Buy rating on the shares. The firm updated its model following the Q4 earnings report. The company has exceeded its quarterly delivery unit outlook in 11 of the past 12 quarters by roughly 5% on average vs. the midpoint and 2026 is likely to be a better year for housing, the analyst tells investors in a research note.
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