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- RBC Capital analyst Michael Dahl downgraded Toll Brothers Inc 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.
- Price Action: TOL shares are trading lower by 1.56% at $64.52 on the last check Monday.
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