Goldman Sachs Maintains Buy on Martin Marietta Materials, Raises Price Target to $737
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Jerry Revich maintains a Buy rating on Martin Marietta Materials (NYSE:MLM) and raises the price target from $642 to $737, indicating a positive outlook on the company's stock.
April 16, 2024 | 1:45 pm
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Goldman Sachs maintains a Buy rating on Martin Marietta Materials and increases the price target to $737, showing strong confidence in the company's future performance.
The increase in price target by a reputable analyst like Goldman Sachs typically signals a strong bullish outlook on the stock, suggesting that the analyst sees significant upside potential. This can often lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100