JPMorgan lowered the firm’s price target on Reliance (RS) to $340 from $345 and keeps an Overweight rating on the shares. The firm adjusted price targets in the North America metals and mining group as part of its 2026 outlook.
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Read More on RS:
- Goldman Sachs’s Hold Rating on Reliance Steel: Balancing Strengths with Market Challenges
- Reliance price target lowered to $305 from $330 at BofA
- Reliance management to meet virtually with Benchmark
- Reliance Steel & Aluminum’s Strategic Gains Amid Market Challenges
- Reliance price target lowered to $315 from $340 at BMO Capital
