Stifel Maintains Buy on Martin Marietta Materials, Lowers Price Target to $630
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Stanley Elliott maintains a Buy rating on Martin Marietta Materials (NYSE:MLM) but lowers the price target from $650 to $630.
July 03, 2024 | 10:53 am
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NEUTRAL IMPACT
Stifel analyst Stanley Elliott maintains a Buy rating on Martin Marietta Materials but lowers the price target from $650 to $630.
The Buy rating suggests continued confidence in the company's performance, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100