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Fly News Breaks for March 23, 2016
RS
Mar 23, 2016 | 06:18 EDT
Deutsche Bank analyst Jorge Beristain downgraded Reliance Steel to Hold citing the recent rally in the shares. The analyst does not expect incrementally positive data from China to continue as he still believes supply cuts across most commodities are required. Beristain keeps a $70 price target for the shares.
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