Goldman Sachs Downgrades Reliance Steel & Aluminum (RS) to Neutral

May 12, 2011 7:04 AM EDT
Get Alerts RS Hot Sheet
Price: $387.89 +1.99%

Rating Summary:
    4 Buy, 14 Hold, 2 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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Goldman Sachs downgraded Reliance Steel & Aluminum (NYSE: RS) from Buy to Neutral and cut its price target from $64 to $60.

The firm sees limited upside to their price target.

For more ratings news on Reliance Steel & Aluminum click here and for the rating history of Reliance Steel & Aluminum click here.

Shares of Reliance Steel & Aluminum closed at $52.56 yesterday.


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