Seaport Global Maintains Buy on Martin Marietta Materials, Raises Price Target to $670
Portfolio Pulse from Benzinga Newsdesk
Seaport Global analyst Rohit Seth maintains a Buy rating on Martin Marietta Materials (MLM) and raises the price target from $520 to $670.

March 12, 2024 | 4:47 pm
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POSITIVE IMPACT
Seaport Global analyst Rohit Seth maintains a Buy rating on Martin Marietta Materials and raises the price target from $520 to $670.
The increase in the price target by a significant margin from $520 to $670 by Seaport Global, along with the maintenance of a Buy rating, is a strong positive signal to the market. This suggests a bullish outlook on the company's future performance and potential for stock price appreciation. Given the analyst's positive stance, investors might view this as a strong endorsement of the company's value and growth prospects, likely leading to increased investor confidence and potential upward movement in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100