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Fly News Breaks for August 1, 2018
VMC
Aug 1, 2018 | 05:56 EDT
Jefferies analyst Philip Ng upgraded Vulcan Materials to Buy with an unchanged price target of $137 following the company's Q2 results. The analyst sees a favorable setup with the company's pricing accelerating and comps easing on incrementals. He notes the stock is near two-year lows and trading at a discount to its historical average. Ng calls Vulcan one of his top picks.
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