Martin Marietta Materials (NYSE:MLM) Price Target Cut to $702.00 by Analysts at Morgan Stanley

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Morgan Stanley reduced its price target for Martin Marietta Materials (NYSE:MLM) from $706 to $702, while maintaining an “overweight” rating, suggesting an 18.2% upside. This adjustment comes after the construction company missed its quarterly earnings and revenue estimates, causing its shares to fall. The stock currently holds a consensus “Hold” rating from analysts with an average target price of $696.88.

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