Toll Brothers upgraded as J.P. Morgan adopts more favorable view on homebuilders (updated)

Nov. 22, 2022 11:39 AM ETToll Brothers, Inc. (TOL), MDC, CCS, GRBKBy: Liz Kiesche, SA News Editor8 Comments

Home Construction

RichLegg

J.P. Morgan analyst Michael Rehaut upgraded homebuilder Toll Brothers (NYSE:TOL) to Overweight and downgraded M.D.C. Holdings (NYSE:MDC) and Century Communities (NYSE:CCS) to Underweight as he moves to a more favorable risk-reward balance for the sector, overall.

In addition, the

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