- 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.
Ford Recalls Over 39,000 Expedition, Navigator SUVs Over Fire Risk, One Injury
Ford Motor Co (NYSE: F) said on Thursday it is recalling 39,013 Expedition and Navigator sports utility vehicles in the U.S. that were built between Dec. 1, 2020 and April 30, 2021 over potential fire risks under the hood.
