Keybanc Maintains Overweight on Reliance Steel & Aluminum, Raises Price Target to $362
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Philip Gibbs maintains an Overweight rating on Reliance Steel & Aluminum (RS) and raises the price target from $300 to $362.
February 16, 2024 | 3:52 pm
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Keybanc analyst Philip Gibbs maintains an Overweight rating on Reliance Steel & Aluminum and raises the price target from $300 to $362.
The upgrade in the price target by a reputable analyst like Philip Gibbs suggests a strong bullish sentiment towards Reliance Steel & Aluminum. This is likely to instill confidence among investors, potentially driving the stock price up in the short term.
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IMPORTANCE 90
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