JP Morgan Elevates Martin Marietta Materials (MLM) Rating to Overweight

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On September 2, 2026, JP Morgan upgraded Martin Marietta Materials (NYSE: MLM) from Neutral to Overweight. The stock priced at $517.07 that day, up from a previous close of $504.92 on September 1, 2026. This upgrade follows a one-week price change of -2.84% from a baseline close of $532.18 on August 26, 2026, and a one-month decline of -1.54% from $525.14 on July 31, 2026.

As of August 28, 2026, the consensus target mean for the stock was $676.66. This represents a potential increase of +30.86% from the current price and reflects a -1.40% revision from the prior target of $686.24. The broader recommendation consensus consisted of 30 ratings, including 7 strong buy and 10 buy ratings.

In its earnings report on July 30, 2026, Martin Marietta reported actual revenue of $1.947 billion, exceeding the estimated $1.885 billion, with an EPS of $5 compared to an estimated $4.7933, marking a surprise of +4.31%.

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