UPDATE: Goldman Sachs Initiates Vulcan Materials Company at Neutral on Limited Upside

Goldman Sachs initiated Vulcan Materials Company (NYSE: VMC ) with a Neutral rating and a $55.00 price target. Goldman Sachs commented, "We now have a Neutral rating on VMC with a $55 12-month price target. We are constructive on VMC's cost reduction initiatives and see modest upside to consensus estimates