Stifel Maintains Buy on Martin Marietta Materials, Raises Price Target to $650
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Stanley Elliott maintains a Buy rating on Martin Marietta Materials (MLM) and raises the price target from $621 to $650.

April 15, 2024 | 2:14 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Stifel analyst Stanley Elliott reaffirmed a Buy rating on Martin Marietta Materials and increased the price target to $650.
The increase in the price target by Stifel reflects a positive outlook on Martin Marietta Materials, suggesting potential upside for the stock. Analyst ratings and price target adjustments are significant indicators for investors, often leading to short-term price movements. The upgrade from $621 to $650 indicates confidence in the company's future performance, likely influencing investor sentiment and potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100