Russel Metals Inc. (RUS:CA) — RBC Capital raised its price target to C$107.00 from C$92.00. The target change represents a 16.3% increase. Russel Metals distributes and processes metal products across North America. Looking ahead, investors will be watching shipment volumes, pricing and returns from value-added processing. Steel market conditions, industrial demand, inventory discipline and working capital will shape whether the higher target is supported by cash generation.
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