Martin Marietta price target lowered to $690 from $700 at DA Davidson

DA Davidson lowered the firm’s price target on Martin Marietta (MLM) to $690 from $700 and keeps a Buy rating on the shares. Stronger Q3 volume should be transitory considering prior year comps, the analyst tells investors in a research note. The firm adds however that Martin Marietta should be capable of driving earnings growth/profit expansion on initial 2026 Aggregates metrics and considering modest cost pressures.