BMO Capital Maintains Outperform on Reliance, Lowers Price Target to $330
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has maintained its 'Outperform' rating on Reliance (NYSE:RS) but has lowered the price target from $340 to $330.
October 25, 2024 | 5:06 pm
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NEUTRAL IMPACT
BMO Capital has maintained its 'Outperform' rating on Reliance but has lowered the price target from $340 to $330, indicating a slight decrease in expected future performance.
The 'Outperform' rating suggests continued positive sentiment towards Reliance, but the lowered price target indicates a slight reduction in expected future performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100