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Martin Marietta Materials, Inc. (Symbol: MLM) shares recently surpassed the average analyst 12-month target price of $645.70, trading at $656.48 as of now. This move triggers potential actions from analysts, including downgrades or raising the target price based on the underlying fundamentals driving this price change.
There are 22 analysts contributing to the average target, with predictions ranging from a low of $525.00 to a high of $732.00. The standard deviation of these targets is noted at $48.472. As of the latest analysis, there are 12 strong buy ratings, 1 buy rating, 8 hold ratings, and no sell or strong sell ratings, resulting in an average rating of 1.81, where 1 indicates a strong buy.
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