B of A Securities Maintains Neutral on Reliance, Lowers Price Target to $335
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Timna Tanners maintains a Neutral rating on Reliance (NYSE:RS) and lowers the price target from $340 to $335.

June 26, 2024 | 4:53 pm
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NEUTRAL IMPACT
B of A Securities has maintained a Neutral rating on Reliance (NYSE:RS) and lowered the price target from $340 to $335.
The Neutral rating suggests that the analyst does not expect significant short-term movement in the stock price. The slight reduction in the price target indicates a minor adjustment in expectations, but not a major shift in outlook.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100