Stifel analyst Brian Brophy raised the firm’s price target on Vulcan Materials (VMC) to $327 from $316 and keeps a Buy rating on the shares. The company’s Q3 results beat expectations due to strong aggregates volume, lower unit costs, and favorable price to cost, the analyst tells investors. The firm expects warehousing demand is starting to improve, which could bode well for 2026.
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Read More on VMC:
- Vulcan Materials price target lowered to $342 from $356 at Citi
- Vulcan Materials Reports Strong Earnings and Positive Outlook
- Vulcan Materials reports Q3 adjusted EPS $2.84, consensus $2.72
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