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Fly News Breaks for March 21, 2016
TOL
Mar 21, 2016 | 08:01 EDT
UBS believes Toll Brothers has a favorable risk/reward, citing its improving pricing power, trends showing pricing coming off of frothy levels though profitability continuing, and its exposure to foreign buyers. The firm sees its balance sheet supporting its growth and capital return initiatives. UBS reiterated its Buy rating and $35 price target on Toll Brothers shares.
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