Toll Brothers (TOL -2.9%) slides for a second straight day as Citigroup downgrades the...

|About: Toll Brothers Inc. (TOL)|By:, SA News Editor

Toll Brothers (TOL -2.9%) slides for a second straight day as Citigroup downgrades the homebuilder to Neutral, based primarily on valuation after shares have risen 18% in the past five weeks. Yesterday, KeyBanc cut TOL and Lennar (LEN -1.2%) to Hold, finding the stocks "best in class" but with "unwarranted" optimism tied to the spring trade and positive housing data.