Jefferies analyst Philip Ng raised the firm’s price target on Martin Marietta (MLM) to $730 from $725 and keeps a Buy rating on the shares. With residential construction expected to remain soft to start 2026, the firm prefers consumer facing companies that have pricing power, the analyst tells investors in a 2026 building products outlook note.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MLM:
- Martin Marietta price target raised to $660 from $610 at Morgan Stanley
- Martin Marietta price target raised to $681 from $637 at Stifel
- Martin Marietta price target raised to $700 from $670 at JPMorgan
- Martin Marietta price target raised to $723 from $705 at UBS
- Martin Marietta Materials: Strong Q3 Performance and Strategic Asset Swap Drive Buy Rating
