RBC Capital cut its PT on Toll Brothers (TOL +0.5%) to $17 from $23 following the firm's Q3...

RBC Capital cut its PT on Toll Brothers (TOL +0.5%) to $17 from $23 following the firm's Q3 earnings report yesterday showing slumping revenue. The luxury home builder's CEO said in a CC the pace of deals is below expectations this far along in a down cycle.