Zacks Initiates Coverage of Friedman Industries With Neutral Recommendation

Zacks Investment Research has recently initiated coverage of Friedman Industries, Incorporated (FRD) , assigning a "Neutral" recommendation to the company's shares. This assessment comes amid a mixed outlook for the company, which has been making notable strides in the steel products space despite industry challenges. However, potential investors should consider certain risks outlined in the report. Friedman Industries operates in a highly competitive steel industry, with fluctuations in steel prices and de ...