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Stock Market & Financial Investment News

News Breaks
March 21, 2013
07:03 EDTRSReliance Steel initiated with an Outperform at Wells Fargo
Price range is $77-$83.
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March 2, 2015
09:23 EDTRSBofA/Merrill U.S. metals/mining analysts hold analyst/industry conference call
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08:53 EDTRSReliance Steel announces CEO David Hannah intends to transition from his role
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February 20, 2015
10:01 EDTRSOn The Fly: Analyst Upgrade Summary
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07:51 EDTRSReliance Steel has reached attractive entry point, says Wells Fargo
After Reliance Steel reported results that Wells Fargo views as disappointing, the firm nonetheless says that the shares are "too cheap to ignore." The firm thinks the stock has reached an attractive entry point for long-term investors, and it keeps an Outperform rating on the shares.
07:05 EDTRSReliance Steel upgraded at KeyBanc
As previously reported, KeyBanc upgraded Reliance Steel to Buy from Hold. Following yesterday's earnings report, the firm believes Reliance is near a trough in the earnings cycle, has compelling free-cash-flow to support accretive capital deployments, and has one of the strongest managements in the industry. Price target is $66.
06:02 EDTRSReliance Steel upgraded to Buy from Hold at KeyBanc

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