Shares of Martin Marietta Materials (MLM) Turn Positive as DA Davidson Upgrades

DA Davidson just upgraded shares of Martin Marietta Materials (NYSE: MLM) from Underperform to Neutral in an intraday research note. The firm maintained a $75 price target.

The upgrade follows an 8 percent decline on Wednesday after David Einhorn highlighted the stock as a possible short idea.

Martin Marietta shares ticked higher on the heels of the upgrade. Shares are now up 0.5 percent to $68.93 after trading in the red throughout the morning session.

For an analyst ratings summary and ratings history on Martin Marietta Materials click here. For more ratings news on Martin Marietta Materials click here.

Shares of Martin Marietta Materials closed at $68.60 yesterday.

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