Citigroup isn't impressed with Martin Marietta Materials (NYSE:MLM) and Vulcan Materials (NYSE:VMC), and cut the rating on each company and lowered their price targets significantly as well.
The rating on both companies was dropped from "Hold" to "Sell," with the price target on Vulcan slashed from $45 to $33 and Martin Marietta from $82 to $72.
Vulcan closed at $35.89 Tuesday, falling $0.62. or 1.70 percent. Martin Marietta ended at $77.84, losing $0.82, or 1.04 percent.
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