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Toll Brothers (TOL) +1% premarket as shares are upgraded to Buy from Hold with a price target...

Toll Brothers (TOL) +1% premarket as shares are upgraded to Buy from Hold with a price target raised to $30 at Deutsche Bank, which cites a strong balance sheet and the re-emergence of margin premiums that drive TOL's earnings. "We are increasing target prices across the group as investors begin to anticipate recovery."
Comments (2)
  • Great call. Home buyers are lined up at their door each day begging for a new luxury home.
    19 Apr 2012, 09:17 AM Reply Like
  • On Sept 28, 2005, Toll Brothers stock was roughly $42 when Deutsche Bank made the following prophecy:
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    Analyst Gregg Schoenleber of Deutsche Bank launched coverage of the Homebuilding sector with 14 stocks and a bullish outlook: “Macro-economic factors continue to support the housing market and builders are larger, better capitalized, more risk averse and significantly more diversified than they were 15 years ago,” said Schoenleber. “Additionally, increasing land constraints and entitlement delays will continue to push housing prices higher.”
    19 Apr 2012, 12:16 PM Reply Like
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