Wells Fargo cut target for Vulcan Materials stock to USD 249

Published on 10/08/2026 at 12:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit USD 2.16 billion, up 2.50 percent year over year. Vulcan Materials stock costs EUR 216.35 on October 8, 2026, versus EUR 216.80.

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Vulcan Materials stock (ISIN US9291601097) was trading at EUR 216.35 at Lang & Schwarz on October 8, 2026, down 0.21 percent versus the prior close of EUR 216.80. On October 5, 2026, Wells Fargo had cut its price target for Vulcan Materials from USD 254.00 to USD 249.00 while retaining an Underweight rating, according to Markets Insider.

Wells Fargo flags operating pressure

The Wells Fargo note identified higher diesel costs, limited pricing power in 2026 and weakness in public spending and housing as risks. It also described the third quarter as a possible clearing event, while pointing to 2027 pricing as a potential support factor.

The target reduction puts Wells Fargo below the broader analyst view. MarketBeat reported on October 6, 2026, that 17 analysts carried a consensus Hold rating, with eight Buy, eight Hold and one Sell rating and an average 12-month target of USD 318.21.

Second-quarter revenue rose 2.50 percent

Vulcan Materials reported second-quarter revenue of USD 2.16 billion, up 2.50 percent from the same period a year earlier, according to MarketBeat. The comparison matters because the latest analyst debate centers on whether pricing can offset cost pressure and softer construction demand.

Vulcan describes its business as centered on construction aggregates, asphalt mix and ready-mixed concrete. Its website says the company serves public and private construction markets across the United States through facilities positioned near population and employment growth, according to Vulcan Materials.

Stock remains near its yearly low

Vulcan Materials had a market capitalization of USD 31.6 billion as of October 7, 2026. The same primary-market data showed a 52-week range of USD 237.03 to USD 331.09, leaving the stock closer to its yearly low than its yearly high in US-dollar terms.

On the NYSE, VMC last stood at USD 244.13 on October 7, 2026 at 4:00 p.m. ET. The euro quotation was EUR 216.35 at Lang & Schwarz on October 8, 2026 at 12:37 p.m. CEST, down 0.21 percent versus the Lang & Schwarz prior close of EUR 216.80.real-time quote of Vulcan Materials stock.