Truist Securities Maintains Buy on Vulcan Materials, Lowers Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Keith Hughes maintains a Buy rating on Vulcan Materials (NYSE:VMC) but lowers the price target from $320 to $300.
August 07, 2024 | 1:46 pm
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NEUTRAL IMPACT
Truist Securities maintains a Buy rating on Vulcan Materials but lowers the price target from $320 to $300.
The Buy rating suggests continued confidence in Vulcan Materials' performance, but the lowered price target indicates some caution about future growth. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100