Group 1 - Toll Brothers (TOL) is a leading home construction company in the U.S., focusing on luxury homes and known for high-quality construction [1] - Competitors in the market include major homebuilders such as Lennar and D.R. Horton [1] - Citigroup has upgraded TOL's stock rating to "Outperform," indicating a positive outlook for the company [1][2] Group 2 - The home builder stocks, including TOL, have had a strong start to the year, driven by robust demand for new housing [2] - Builders are expected to offer incentives to attract buyers, which may help sustain momentum in the housing market [2] Group 3 - At the time of Citigroup's announcement, TOL's stock price was $136.09, with a slight decrease of $0.06 or approximately -0.044% [3] - The stock has shown resilience, fluctuating between $132.56 and $136.37, indicating investor interest [3] Group 4 - Over the past year, TOL's stock has experienced a high of $149.79 and a low of $86.67, reflecting its volatility [4] - The company's market capitalization is approximately $13.12 billion, highlighting its significant presence in the industry [4] - Today's trading volume for TOL is 633,396 shares, indicating active trading on the NYSE [4]
Toll Brothers (NYSE:TOL) Receives Upgrade from Citigroup