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Analysts Have Conflicting Sentiments on These Consumer Goods Companies: Toll Brothers (TOL) and Caleres (CAL)

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Toll Brothers (TOLResearch Report) and Caleres (CALResearch Report).

Toll Brothers (TOL)

In a report released today, Michael Dahl from RBC Capital upgraded Toll Brothers to Buy, with a price target of $77.00. The company’s shares closed last Wednesday at $65.09, close to its 52-week high of $67.54.

According to TipRanks.com, Dahl is a 5-star analyst with an average return of 6.1% and a 55.7% success rate. Dahl covers the Consumer Goods sector, focusing on stocks such as Builders Firstsource, Taylor Morrison, and PulteGroup.

The word on The Street in general, suggests a Hold analyst consensus rating for Toll Brothers with a $67.25 average price target, implying a 4.3% upside from current levels. In a report released yesterday, Credit Suisse also maintained a Buy rating on the stock with a $73.00 price target.

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Caleres (CAL)

In a report released today, Abbie Zvejnieks from Piper Sandler downgraded Caleres to Hold, with a price target of $25.00. The company’s shares closed last Wednesday at $20.27, close to its 52-week low of $19.35.

According to TipRanks.com, Zvejnieks is a 1-star analyst with an average return of -5.4% and a 40.9% success rate. Zvejnieks covers the Consumer Goods sector, focusing on stocks such as Lululemon Athletica, Columbia Sportswear, and Deckers Outdoor.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Caleres with a $30.00 average price target.

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