Wells Fargo analyst Timna Tanners raised the firm’s price target on Vulcan Materials (VMC) to $317 from $310 and keeps an Equal Weight rating on the shares. The firm remains selective in its building mats recommendations, preferring early-cycle exposure as Wells anticipates some housing/remodeling recovery.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VMC:
- Vulcan Materials initiated with a Buy at B. Riley
- Vulcan Materials price target raised to $348 from $305 at BofA
- Vulcan Materials cut to Neutral at DA Davidson after recent gains
- Vulcan Materials downgraded to Neutral from Buy at DA Davidson
- Vulcan Materials price target raised to $345 from $342 at Citi