JPMorgan Downgrades Reliance Steel & Aluminum (RS) to Neutral

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JPMorgan downgraded Reliance Steel & Aluminum (NYSE: RS) from Overweight to Neutral with a price target of $62.00 (from $67.00).

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 $57.66 yesterday, with a 52 week range of $31.09-$58.80.

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