tiprankstipranks
Advertisement
Advertisement

Vulcan Materials price target raised to $325 from $320 at Raymond James

Raymond James raised the firm’s price target on Vulcan Materials (VMC) to $325 from $320 and keeps an Outperform rating on the shares. Vulcan Materials remains well-positioned despite uneven aggregate volume trends in residential and light non-residential markets, with ongoing strength in infrastructure demand supported by federal and state funding for roads and bridges, as well as durable pricing and improving operational execution that together could support better-than-expected unit profitability over time, the analyst tells investors in a research note.

Meet Samuel – Your Personal Investing Prophet

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1