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Friedman Industries Enhances Credit Agreement with Sixth Amendment

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Friedman Industries Enhances Credit Agreement with Sixth Amendment

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An announcement from Friedman Industries ( (FRD) ) is now available.

On December 9, 2025, Friedman Industries entered into a Sixth Amendment to its Amended and Restated Credit Agreement, involving Century Metals & Supplies, LLC, and JPMorgan Chase Bank, N.A. This amendment increases the aggregate commitments from $125 million to $140 million, adjusts threshold amounts, and modifies the definition of ‘Eligible Accounts’, potentially enhancing the company’s financial flexibility and operational capacity.

The most recent analyst rating on (FRD) stock is a Hold with a $21.00 price target. To see the full list of analyst forecasts on Friedman Industries stock, see the FRD Stock Forecast page.

Spark’s Take on FRD Stock

According to Spark, TipRanks’ AI Analyst, FRD is a Neutral.

Friedman Industries’ overall stock score reflects a mixed financial performance with strong balance sheet fundamentals but significant cash flow challenges. Technical analysis indicates potential short-term weakness, while valuation metrics suggest the stock is fairly priced. The absence of earnings call and corporate events data limits additional insights.

To see Spark’s full report on FRD stock, click here.

More about Friedman Industries

Average Trading Volume: 21,187

Technical Sentiment Signal: Buy

Current Market Cap: $145.2M

Find detailed analytics on FRD stock on TipRanks’ Stock Analysis page.

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