Truist raised the firm’s price target on Martin Marietta (MLM) to $730 from $710 and keeps a Buy rating on the shares. The company’s Q1 results came in above expectations as management maintained its guidance for the year, the analyst tells investors in a research note. Rising diesel costs will drive some margin drag in Q2, but mid-year pricing realization is expected to be strong, which should drive margins into 2027, along with solid volume trends, the firm added.
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