Morgan Stanley Maintains Overweight on Martin Marietta Materials, Raises Price Target to $657
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has maintained an Overweight rating on Martin Marietta Materials and raised its price target from $610 to $657.
August 26, 2024 | 12:38 pm
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Morgan Stanley has reaffirmed its Overweight rating on Martin Marietta Materials and increased the price target from $610 to $657, indicating a positive outlook.
The increase in price target from $610 to $657 by Morgan Stanley suggests a positive outlook for Martin Marietta Materials. The Overweight rating indicates that the analyst expects the stock to outperform its peers. This is likely to have a positive impact on the stock price in the short term as investors may view this as a strong endorsement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100