- 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.
- Price Action: TOL shares are trading lower by 1.56% at $64.52 on the last check Monday.
Is Bank of America Heading Toward $38? Here’s What The Chart Says
Bank of America Corp (NYSE: BAC) was trading flat on Thursday in continued consolidation after soaring up more than 13% between July 14 and July 19. The sharp rise paired with the sideways consolidation has settled the stock into a possible bull flag pattern.