BofA/Merrill Lynch Downgrades Reliance Steel & Aluminum (RS) to Neutral
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Price: $313.94 -1.75%
Rating Summary:
8 Buy, 11 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 16 | Down: 11 | New: 13
Rating Summary:
8 Buy, 11 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 16 | Down: 11 | New: 13
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BofA/Merrill Lynch downgraded Reliance Steel & Aluminum (NYSE: RS) from Buy to Neutral with a price target of $56.00 (from $71.00).
Analyst Timna Tanners cited a lower metal price outlook.
For an analyst ratings summary and ratings history on Reliance Steel & Aluminum click here. For more ratings news on Reliance Steel & Aluminum click here.
Shares of Reliance Steel & Aluminum closed at $52.69 yesterday.
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