UPDATE: Morgan Keegan Lowers PT on Martin Marietta to $85

Morgan Keegan is out with its report today on Martin Marietta MLM, lowering its PT from $95 to $85. In its report, Morgan Keegan writes, "We remain at an Outperform, but uncertainty related to highway spending and rate of recovery in construction will continue to pressure the stock in the near term. Our price target is lowered to $85." Shares of MLM closed Tuesday at $69.98.