Martin Marietta price target raised to $616 from $614 at Wells Fargo
Wells Fargo analyst Timna Tanners raised the firm's price target on Martin Marietta to $616 from $614 and keeps an Equal Weight rating on the shares. In a research note ahead of earnings for the Q2 Building Mats group, the firm says it sees Q2 pressured by higher energy costs, as pricing actions lag cost inflation. In