Jefferies Maintains Buy on Vulcan Materials, Raises Price Target to $319
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Philip Ng has maintained a Buy rating on Vulcan Materials (VMC) and increased the price target from $298 to $319.
April 18, 2024 | 2:36 pm
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Jefferies analyst Philip Ng reaffirmed a Buy rating on Vulcan Materials and raised the price target to $319 from $298.
The increase in price target by Jefferies reflects a positive outlook on Vulcan Materials, suggesting confidence in the company's future performance. This analyst endorsement is likely to influence investor sentiment positively in the short term, potentially leading to an increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100