Argus raised the firm’s price target on Vulcan Materials (VMC) to $315 from $290 and keeps a Buy rating on the shares. Vulcan is a well-run company with a long track record in its industry, and looking ahead, it stands to benefit from the Trump administration’s plans for deregulation, price increases, and an improving construction market in the future, the analyst tells investors in a research note. Shares are not cheap, but they offer value given the company’s long record of market outperformance, Argus adds.
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