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Enter Symbol:
Rating: TOL
Sector Perform $37

Toll Brothers Inc. (NYSE: TOL) upgraded to Sector Perform with price target $37 by RBC Capital Mkts

Thursday,  Dec 10, 2015  8:25 AM ET by Dave Ficere

RBC Capital Mkts upgraded Toll Brothers Inc. (NYSE: TOL) to Sector Perform with
price target $37. Previously RBC Capital Mkts rated Underperform with price target $30 Toll Brothers Inc. (NYSE: TOL) on 12/11/2014, when the stock price was $32.06.

Toll Brothers, Inc. is engaged in designing, building, marketing and arranging finance for single-family detached and attached homes in luxury residential communities. The Company is also involved, directly and through joint ventures, in projects where it is building, or converting existing rental apartment buildings into high-, mid- and low-rise luxury homes. The Company caters to the move-up, empty-nester, active-adult, age-qualified and second-home buyers in 21 states of the United States. During the fiscal year ended October 31, 2008 (fiscal 2008), the Company delivered 4,831 homes from 370 communities. The Company operates its own land development, architectural, engineering, mortgage, title, landscaping, lumber distribution, house component assembly, and manufacturing operations. It also develops, owns and operates golf courses and clubs.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.

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