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Fly News Breaks for March 21, 2019
VMC
Mar 21, 2019 | 06:55 EDT
JPMorgan analyst Adrian Huerta started Vulcan Materials with an Overweight rating and $135 price target. The analyst likes the company's large aggregates exposure, which is more exposed to infrastructure spending. This segment is growing more than residential and non-residential, Huerta tells investors in a research note. Vulcan is also more exposed than peers to states with stronger growth fundamentals, adds the analyst.
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