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Fly News Breaks for November 21, 2017
RYI
Nov 21, 2017 | 05:37 EDT
KeyBanc analyst Philip Gibbs downgraded Ryerson to Sector Weight to reflect reduced 2018 EBITDA expectations. The analyst no longer expects an easing gross margin environment in the distributor sector in 2018. He sees a near-term fair value for Ryerson shares of $10.
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