Stifel Maintains Buy on Russel Metals, Lowers Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Ian Gillies has maintained a 'Buy' rating on Russel Metals (OTC:RUSMF) but lowered the price target from C$42 to C$41.

June 29, 2023 | 4:52 pm
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Stifel has maintained a 'Buy' rating on Russel Metals but lowered the price target from C$42 to C$41.
The news is directly about Russel Metals. While the 'Buy' rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook. However, the impact on the stock price is uncertain in the short term as the change is minor and the overall rating remains positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100