JPMorgan Cuts Reliance (RS) Price Target But Maintains 'Overweight' Stance

By Yahoo! Finance   |   1 month ago
JPMorgan Cuts Reliance (RS) Price Target But Maintains 'Overweight' Stance

Reliance Steel & Aluminum Co. (NYSE:RS) is recommended amid US tariffs, with JPMorgan maintaining an 'Overweight' rating and a price target of $345. The company's focus on acquisitions, growth prospects, and navigating market uncertainties contribute to its positive outlook.

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