DA Davidson raised the firm’s price target on Martin Marietta to $620 from $545 and keeps a Buy rating on the shares after its Q4 earnings beat. The firm notes that evidence of a sustained volume recovery is likely to lend more catalysts, adding that the U.S. markets “lend enough potential to move the needle in this area”.
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Read More on MLM:
- Martin Marietta Materials Announces 2023 Earnings Results
- Martin Marietta Reports Fourth-Quarter and Full-Year 2023 Results
- Martin Marietta sees FY24 revenue $6.745B-$7.185B, consensus $7.33B
- Martin Marietta reports Q4 EPS $4.63, consensus $3.99
- Blue Water Industries to sell certain aggregates operations to Martin Marietta
