BofA raises PT of Toll Brothers after better-than-expected Q3 earnings

** BofA Global Research raises PT of homebuilder Toll Brothers TOL to $150 from $145; new PT represents a 14.1% upside to stock's last close

** Maintains rating at "buy"

** Co on Wednesday reported Q3 profit and revenue above Wall Street estimates

** BofA says co's order backlog is lower than last year, but TOL is seeing positive signs from steady growth in new communities, faster homebuilding, and a good balance between custom and ready-to-move-in homes

** Notes co's home sales margin was slightly better than expected last quarter driven by strong product and regional mix

** Twelve of 18 brokerages rate stock "buy" or higher, four "hold" and two "sell"; median PT is $150 - LSEG compiled data

** Including session's move, TOL up 3.9% YTD