Toll Brothers upgraded to Buy from Neutral at Citi
Citi upgraded Toll Brothers (TOL) to Buy from Neutral with a price target of $176, up from $146. When homebuilder earnings kicks off with reports from D.R. Horton (DHI) and PulteGroup (PHM) report in the week of July 20, the firm expects homebuilders to point to second half gross margin stabilization after over three y