Toll Brothers (TOL) May weekly 131 straddle priced into quarter results

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UBS Reiterates Buy Rating on Toll Bros. (TOL)

May 22, 2024 5:54 AM EDT

UBS analyst John Lovallo reiterated a Buy rating and $140.00 price target on Toll Bros. (NYSE: TOL).

The analyst comments "TOL expects FY3Q deliveries of 2,750-2,850 units (UBSe/Cons. of 2,708/2,758), delivery ASP of $950K-$960K (UBSe/Cons. of $933K/$933K), adjusted home sales gross margin of 27.7%... More