JPMorgan analyst Adrian Huerta upgraded Martin Marietta (MLM) to Overweight from Neutral. With the sector trading at peak multiples, the firm believes the current narrative is priced for perfection and that any signs of growth weakness could pose a de-rating risk.
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Read More on MLM:
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- There’s an Opportunity Brewing in These 2 Construction Stocks, Says UBS
- JPMorgan, Five Below downgraded: Wall Street’s top analyst calls
- Martin Marietta initiated with a Buy at UBS
- Martin Marietta Materials Announces $1.5 Billion Senior Notes
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
