Martin Marietta Materials (MLM) Tops Q1 EPS by 22c

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Martin Marietta Materials (MLM) PT Raised to $265 at Stifel; Reiterates Buy

May 3, 2017 9:31 AM EDT

Stifel raised its price target on Martin Marietta Materials (NYSE: MLM) to $265.00 (from $258.00) while maintaining a Buy rating. Mid-America, Southeast, and West building materials sales increased 2.2%, 28.8%, and 7.4% y/y, respectively.

Martin reiterated its 2017 outlook for net sales of $3.75-$3.95 billion. Aggregate product... More