KeyBanc analyst Philip Gibbs lowered the firm’s price target on Olympic Steel (ZEUS) to $40 from $41 and keeps an Overweight rating on the shares. The firm cites 2025-2026 estimate revisions, reflecting about 7.5-times EV/EBITDA on its 2026 and over 80% of book value of a business that has experienced structural profit improvement via M&A and internal investments over the last several years.
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