Martin Marietta price target raised to $610 from $550 at Truist

Truist raised the firm’s price target on Martin Marietta to $610 from $550 and keeps a Buy rating on the shares. The company’s Q4 earnings topped expectations on strong pricing results, while the management’s guide adjusting for several acquisitions and divestitures was in-line with expectations, the analyst tells investors in a research note. The year is off to a slow start however with very poor weather in multiple regions and comes off a better environment last year, the firm added.