Keybanc Maintains Overweight on Reliance, Lowers Price Target to $325
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Philip Gibbs maintains an Overweight rating on Reliance (NYSE:RS) but lowers the price target from $341 to $325.
July 03, 2024 | 10:37 am
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Keybanc analyst Philip Gibbs maintains an Overweight rating on Reliance (NYSE:RS) but lowers the price target from $341 to $325.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100