Reliance, Inc. price target raised 8% to $340 by Seaport Global
Seaport Global upheld its Buy rating for Reliance, Inc., increasing its price target from $315 to $340. The stock hovered near $319, representing a $16.68 billion market cap and trading volume of 126,288 shares.
1. Analyst Rating and Price Target Adjustment
Seaport Global maintained a Buy rating on Reliance, Inc., boosting its 12-month price target from $315 to $340, reflecting a 7.9% upward revision based on the company’s prospects in metal processing and distribution.
2. Q4 2025 Earnings Call Overview
Reliance, Inc. held its Q4 2025 earnings call on February 20 to review quarterly results and strategic priorities, including capacity expansions and supply-chain efficiency measures, though detailed financial figures were not disclosed.
3. Intraday Stock Performance
The shares traded near $318.95, down approximately 2.5% intraday, fluctuating between $315.24 and $322.15 on a volume of 126,288 shares for the session.
4. Market Position and Competitive Landscape
With a $16.68 billion market capitalization, Reliance, Inc. remains a leading metals service provider in North America, competing with Ryerson Holding and Olympic Steel across carbon steel, aluminum and stainless steel segments.