Vulcan Materials price target raised to $286 from $269 at RBC Capital

RBC Capital raised the firm’s price target on Vulcan Materials (VMC) to $286 from $269 and keeps a Sector Perform rating on the shares after its Q4 earnings beat. The company reported a solid Q4 result and FY25 guide, and while the organic volume guide was weaker and pricing somewhat tempered, Vulcan continues to benefit from a favorable price/cost setup and internal cost control in FY25, the analyst tells investors in a research note.