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RBC Capital analyst Michael Dahl downgraded Toll Brothers Inc (NYSE:TOL) to Sector Perform from Outperform with a price target of $70, down from $75, suggesting an upside of 8.6%. Following its strong 2021 outperformance, the stock offered “more modest upside” from current levels with fewer near-term catalysts, though the analyst continues to believe that Toll Brothers has a “strong fundamental set up in 2022.
...read full article on Benzinga
