KeyBanc Downgrades Martin Marietta Materials (MLM) to Hold on Valuation
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Price: $589.60 -0.38%
Rating Summary:
18 Buy, 10 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 9
Rating Summary:
18 Buy, 10 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 9
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KeyBanc downgraded Martin Marietta Materials (NYSE: MLM) from Buy to Hold saying shares are fairly valued despite our upwardly revised mid-cycle EBITDA assessments, reflecting upside to public transportation spending in coming years.
The firm sees shares of MLM trading within a $70-$96 fair value range.
For an analyst ratings summary and ratings history on Martin Marietta Materials click here. For more ratings news on Martin Marietta Materials click here.
Shares of Martin Marietta Materials closed at $88.12 yesterday.
The firm sees shares of MLM trading within a $70-$96 fair value range.
For an analyst ratings summary and ratings history on Martin Marietta Materials click here. For more ratings news on Martin Marietta Materials click here.
Shares of Martin Marietta Materials closed at $88.12 yesterday.
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