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Fly News Breaks for February 8, 2017
VMC
Feb 8, 2017 | 07:50 EDT
After Vulcan Materials' results and guidance missed expectations, RBC Capital analyst Robert Wetenhall says that "transitory issues" negatively affected the company's results. Moreover, he thinks that the company's business in California and Texas is improving, while it could benefit from a federal infrastructure bill. The analyst recommends buying the stock on weakness and keeps a $142 price target and an Outperform rating on the shares.
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