Citigroup Maintains Buy on Vulcan Materials, Raises Price Target to $322
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Anthony Pettinari maintains a Buy rating on Vulcan Materials (VMC) and raises the price target from $263 to $322.
April 05, 2024 | 4:03 pm
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Citigroup has maintained a Buy rating on Vulcan Materials and increased the price target from $263 to $322.
The upgrade in price target by a reputable analyst like Anthony Pettinari from Citigroup is a strong positive signal for Vulcan Materials. It suggests a bullish outlook on the company's future performance and potential for stock price appreciation. This kind of endorsement typically leads to increased investor confidence and can drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100