Morgan Stanley Adjusts Price Target on Martin Marietta Materials to $664 From $702, Maintains Overweight Rating

Morgan Stanley has adjusted its price target for Martin Marietta Materials (MLM) to $664, down from $702, while reiterating an “Overweight” rating on the stock. This move comes as other analysts have also revised their price targets for the construction materials company. The article also provides a brief overview of Martin Marietta Materials’ business, highlighting its position as America’s second-largest producer of granulates and construction materials.