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Reliance, Inc. (NYSE:RS) Maintains Strong Position in Metals Service Industry
Financial Modeling Prep· 2026-02-20 20:13
Core Viewpoint - Reliance, Inc. is a significant player in the metals service industry, providing a variety of metal processing and distribution services, and competes with major companies like Ryerson Holding Corporation and Olympic Steel [1] Group 1: Company Overview - Reliance operates a network of service centers across North America, offering products such as carbon steel, aluminum, and stainless steel [1] Group 2: Financial Performance - Seaport Global maintained a "Buy" rating for Reliance, increasing the price target from $315 to $340, reflecting confidence in the company's future performance [2][5] - The stock is currently priced at $318.95, with a market capitalization of approximately $16.68 billion [4][5] - During the trading day, the stock fluctuated between a low of $315.24 and a high of $322.15, reflecting market activity [4] Group 3: Earnings Call Insights - RS held its Q4 2025 earnings call, which provided insights into the company's financial performance and strategic direction, highlighting significant achievements or challenges faced during the period [3][5]
Reliance, Inc. (NYSE:RS) Market Performance and Outlook
Financial Modeling Prep· 2026-02-20 10:15
BMO Capital sets a price target of $320 for Reliance, Inc. (NYSE:RS), indicating a slight negative outlook compared to the current trading price.The company's downgrade from "Outperform" to "Market Perform" by TheFly suggests a cautious perspective on its future performance.Reliance's Q4 2025 earnings call reveals insights into its financial health and strategic direction amidst market volatility.Reliance, Inc. (NYSE:RS) is a prominent player in the metals service industry, providing a wide range of metal p ...