Toll Brothers price target raised to $67 from $61 at Raymond James

Raymond James analyst Buck Horne raised the firm’s price target on Toll Brothers to $67 from $61 and keeps an Outperform rating on the shares. The company reported "strong" Q1 results and offered further confirmation that buyer demand has rebounded sharply through mid-February, the analyst tells investors in a research note. Toll’s net orders in January were greater than both November and December combined, the firm points out.