Loop Capital Maintains Buy on Martin Marietta Materials, Lowers Price Target to $630
Portfolio Pulse from Benzinga Newsdesk
Loop Capital maintains a Buy rating on Martin Marietta Materials (NYSE:MLM) but lowers the price target from $710 to $630.
July 03, 2024 | 5:47 pm
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NEUTRAL IMPACT
Loop Capital maintains a Buy rating on Martin Marietta Materials but lowers the price target from $710 to $630.
The maintained Buy rating suggests continued confidence in the stock, but the lowered price target indicates a more cautious outlook on its potential upside. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100