Raymond James Maintains Outperform on Vulcan Materials, Lowers Price Target to $225
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Patrick Tyler Brown maintains an Outperform rating on Vulcan Materials (NYSE:VMC) but has lowered the price target from $240 to $225.
October 30, 2023 | 8:56 am
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NEUTRAL IMPACT
Vulcan Materials' price target has been lowered from $240 to $225 by Raymond James, though the Outperform rating is maintained.
The lowering of the price target by Raymond James could potentially create a negative sentiment among investors, but the maintained Outperform rating suggests that the analyst still sees potential in the stock. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100