HSBC analyst Wesley Brooks upgraded Martin Marietta to Hold from Reduce with a price target of $543, up from $376. The analyst increased estimates after the company’s “strong” Q4 results and guidance for another year of double-digit price increases. However, this attractive industry outlook already priced into the shares, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on MLM:
- Martin Marietta price target raised to $605 from $575 at Stephens
- Martin Marietta price target raised to $635 from $573 at Citi
- Martin Marietta price target raised to $620 from $545 at DA Davidson
- Martin Marietta price target raised to $610 from $550 at Truist
- Martin Marietta price target raised to $595 from $490 at Barclays