UPDATE: Topeka Capital Markets Initiates Reliance Steel & Aluminum at Hold on Valuation
June 12, 2013 at 10:42 AM EDT
In a report published Wednesday, Topeka Capital Markets analyst Daniel Whalen initiated coverage on Reliance Steel & Aluminum (NYSE: RS ) with a Hold rating and $70.00 price target. In the report, Topeka Capital Markets noted, “As one of the largest domestic service centers, we believe the Company is well