Goldman Sachs Previews 3Q11 Earnings at Toll Brothers

Goldman Sachs has published a research report on Toll Brothers Inc

. In the report, Goldman Sachs wrote, "High-end outperformance should be evident. In our 2Q11 housing survey we found that consumers in higher income brackets are more constructive on home prices (33% in the $120K or above income category expect home price appreciation vs. 21% for the broad survey) and have a higher desire to purchase a new home (38% vs. 20% for the broad survey)." Goldman Sachs rated Toll Brothers a BUY with a price target of $25.00. Toll Brothers closed Friday at $14.98.