UBS analyst Steven Fisher initiated coverage of Vulcan Materials (VMC) with a Buy rating and $349 price target The firm sees Vulcan as a beneficiary of an improving non-residential construction market in the second half of 2025 and 2026, and believes the accompanying earnings uplift is underappreciated. This will support 3%-4% aggregates volume growth in 2026 and also bolster Vulcan’s pricing power, the analyst tells investors in a research note.
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Read More on VMC:
- Vulcan Materials price target raised to $315 from $300 at Truist
- Vulcan Materials Reports Resilient Q3 2024 Performance
- Vulcan Materials reports Q3 adjusted EPS $2.22, consensus $2.32
- Vulcan Materials sees FY24 adjusted EBITDA ~$2B
- Vulcan Materials price target raised to $285 from $250 at Barclays
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