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Stock impact report

Toll Brothers (TOL) to Acquire Assets of Buffington Homes of Arkansas [Yahoo! Finance]

Toll Brothers, Inc. (TOL) 
Last toll brothers, inc. earnings: 2/25 04:30 pm Check Earnings Report
US:NYSE Investor Relations: tollbrothers.com/investor-relations
Company Research Source: Yahoo! Finance
On April 22, Toll Brothers, Inc. (NYSE:TOL) agreed to acquire nearly all of Buffington Homes of Arkansas' properties, stating that the transaction will expand its footprint into the Fayetteville/Bentonville area. The company wants to complete the transaction in the third quarter, adding nine existing or planned communities and more than 1,500 controlled lots, but has not disclosed financial details. Buffington Homes was launched in 2010. It is northwest Arkansas' leading luxury builder, providing first-time and move-up purchasers with prices that vary between $400,000 to more than $1 million. Toll Brothers (TOL) to Acquire Assets of Buffington Homes of Arkansas Separately, on April 16, Truist analyst Jonathan Bettenhausen reduced the Toll Brothers, Inc. (NYSE:TOL)'s price objective from $190 to $170. It retained a Buy rating on the stock. The firm said that consumer confidence was being affected by the Iran war and inflation from rising oil costs. Toll Brothers, Inc. (NYSE:TOL) Show less Read more
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