JP Morgan Maintains Neutral on Vulcan Materials, Lowers Price Target to $245
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Adrian Huerta maintains a Neutral rating on Vulcan Materials (NYSE:VMC) and lowers the price target from $250 to $245.
October 09, 2024 | 8:46 pm
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NEUTRAL IMPACT
JP Morgan has maintained a Neutral rating on Vulcan Materials and slightly lowered the price target from $250 to $245, indicating a cautious outlook.
The Neutral rating suggests that JP Morgan does not expect significant short-term movement in Vulcan Materials' stock price. The slight reduction in the price target from $250 to $245 indicates a modestly less optimistic view, but not enough to change the overall rating. This suggests a stable outlook with no major catalysts for upward or downward movement in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100