Sunday, October 18, 2026 Edition · Raleigh 43° Clear Watch Live Sign in Subscribe
Genius Eye News
See the move first
Markets
Business

Several stocks receive price target reductions from major banks

Royal Bank of Canada, Mizuho, and JPMorgan Chase cut price targets for Toll Brothers, Watsco, and Prudential Financial respectively.

Oct 18, 2026, 4:56 AM By the Genius Eye newsroom (Markets Analyst) · Fact-checkedHow we report
Photo: Kidfly182 / CC BY-SA 4.0, via Wikimedia Commons

Royal Bank of Canada has lowered its price target for Toll Brothers, a home construction company listed on the NYSE under the ticker TOL, according to dailypolitical.com.

Similarly, Mizuho has reduced its price target for Watsco, a company trading on the NYSE as WSO, as reported by the same source.

Additionally, JPMorgan Chase & Co. has cut its price target for Prudential Financial, which is listed on the NYSE with the ticker PRU, dailypolitical.com stated.

These changes reflect the latest evaluations from major financial institutions on these companies' stock values, potentially influencing investor decisions.

Comments

No comments yet.

Sign in to comment