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B. Riley upgraded Vulcan Materials to "buy" on strong earnings and revenue growth, citing a $345 target.
B. Riley initiated coverage of Vulcan Materials (VMC) with a “buy” rating and a $345 target, citing strong Q3 earnings of $2.84 EPS—beating estimates—and $2.29 billion in revenue, a 14.4% year-over-year rise.
The stock, trading at $306.06 with a market cap of $40.44 billion, has a “Moderate Buy” consensus rating and an average price target of $319.92.
Analysts project $8.69 in earnings for the current fiscal year.
Institutional investors own 90.39% of shares, while insiders sold 20,471 shares in the past 90 days.
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B. Riley actualizó Vulcan Materials para "comprar" con fuertes ganancias y crecimiento de ingresos, citando un objetivo de $ 345.