RBC Capital Downgrades Toll Brothers to Sector Perform, Lowers Price Target to $70
RBC Capital analyst Mike Dahl downgrades Toll Brothers (NYSE:TOL) from Outperform to Sector Perform and lowers the price target from $75 to $70.
Rising Lumber Prices Add Over $18K To New Home Prices: Report
The recent spike in lumber prices has created a simultaneous spike in the costs of newly-constructed single-family homes, according to data released by the National Association of Home Builders (NAHB).
3 Stocks Insiders Are Selling
When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.
Barclays Maintains Underweight on Toll Brothers, Raises Price Target to $72
Barclays analyst Matthew Bouley maintains Toll Brothers (NYSE:TOL) with a Underweight and raises the price target from $67 to $72.
Raymond James Maintains Outperform on Toll Brothers, Raises Price Target to $84
Raymond James analyst Buck Horne maintains Toll Brothers (NYSE:TOL) with a Outperform and raises the price target from $75 to $84.
5 Stocks To Watch For December 8, 2021
Some of the stocks that may grab investor focus today are:
Wall Street expects United Natural Foods, Inc. (NYSE: UNFI) to report quarterly earnings at $0.56 per share on revenue of $6.80 billion before the opening bell. United Natural Foods shares fell 0.2% to $49.00 in after-hours trading.
Earnings Scheduled For December 7, 2021
Companies Reporting Before The Bell
• Core & Main (NYSE:CNM) is expected to report quarterly earnings at $0.30 per share on revenue of $1.29 billion.
Toll Brothers Forms JV With CanAm Capital For Student Housing Community In Florida
Toll Brothers Inc’s (NYSE:TOL) Campus Living division and CanAm Capital Partners, the private-equity affiliate of CanAm Enterprises, have announced a…