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Martin Marietta price target raised to $700 from $670 at JPMorgan

JPMorgan raised the firm’s price target on Martin Marietta (MLM) to $700 from $670 and keeps a Neutral rating on the shares following the Q3 report. The firm upped EBITDA estimates, saying Martin called out a broad volume recovery in the quarter, supported by more normalized weather in the Southeast and Texas with infrascture spending remaining robust.

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