Raymond James Maintains Outperform on Vulcan Materials, Raises Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Patrick Tyler Brown has maintained an Outperform rating on Vulcan Materials (NYSE:VMC) and increased the price target from $225 to $240.
January 25, 2024 | 12:57 pm
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Raymond James analyst has reiterated an Outperform rating on Vulcan Materials and raised the price target to $240, indicating a positive outlook on the stock.
The reiteration of an Outperform rating coupled with an increased price target usually signals analyst confidence in the company's future performance. This can positively influence investor sentiment and potentially lead to a short-term increase in the stock price.
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IMPORTANCE 85
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