Citigroup Maintains Buy on Vulcan Materials, Lowers Price Target to $292
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Anthony Pettinari maintains a Buy rating on Vulcan Materials (NYSE:VMC) but lowers the price target from $297 to $292.
August 08, 2024 | 7:19 pm
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Citigroup analyst Anthony Pettinari maintains a Buy rating on Vulcan Materials but lowers the price target from $297 to $292.
The Buy rating suggests continued confidence in Vulcan Materials' 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