Martin Marietta Materials (MLM) Misses Q2 EPS by 69c ; Offers Guidance

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Martin Marietta Materials (MLM) PT Lowered to $575 at BofA Securities

August 9, 2024 6:06 AM EDT

BofA Securities analyst Timna Tanners lowered the price target on Martin Marietta Materials (NYSE: MLM) to $575.00 (from $600.00) while maintaining a Neutral rating.

The analyst comments "MLM reported a miss (EBITDA $584mn vs cons $591mn) and lowered its FY24 guide (EBITDA $2.1-2.3bn vs... More