Barclays raised the firm’s price target on Martin Marietta to $595 from $490 and keeps an Overweight rating on the shares post the Q4 report. In years Martin does deals, its stock tends to falter, but 2024 will decouple, the analyst tells investors in a research note. The firm says Martin took several organic strides forward in 2023. A mix of organic and inorganic means should help position Martin for the next leg of share price appreciation through 2025, the analyst tells investors in a research note.
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