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Fly News Breaks for August 23, 2017
TOL
Aug 23, 2017 | 08:00 EDT
After Toll Brothers reported higher than expected EPS but the stock fell following a reduction in the company's guidance, MKM Partners analyst Megan McGrath says that the company's "demand trends" were "solid" last quarter, while the company continues to execute well. She raised her price target on the stock to $46 from $44 and says that the stock's weakness has created a buying opportunity.
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