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Russel Metals Price Target Raised to C$94 at TD

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TD Securities raised its price target on Russel Metals Inc. (RUS.TO) to C$94.00 from C$68.00 on Tuesday.

Analyst Michael Tupholme maintained a buy rating on shares of the Canadian metals distribution and processing company.

"Favourable market dynamics are expected to persist and help drive continued strong performance over coming quarters," Tupholme said in a note to clients.

(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

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