Wall Street Zen Downgrades Reliance (NYSE:RS) to Hold

Other analysts also recently issued reports on the industrial products company.

Published on Mar. 4, 2026

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Wall Street Zen downgraded shares of Reliance (NYSE:RS) from a buy rating to a hold rating in a research report sent to investors on Sunday morning. Other research analysts have also recently issued reports about the company, with KeyCorp reaffirming an 'overweight' rating, BMO Capital Markets downgrading shares to 'market perform', and Weiss Ratings reiterated a 'hold (c)' rating.

Why it matters

Reliance is a leading metals service center company that distributes and processes a broad array of metal products. The downgrade from Wall Street Zen and mixed ratings from other analysts suggest potential challenges or uncertainty around the company's performance and outlook.

The details

Wall Street Zen cited no specific reasons for the downgrade of Reliance from buy to hold. Other analysts have made both positive and negative calls, with KeyCorp reaffirming an 'overweight' rating, BMO Capital Markets downgrading to 'market perform' and lowering the price target, and Weiss Ratings maintaining a 'hold (c)' rating. Reliance reported Q4 2025 earnings that missed consensus estimates.

  • Wall Street Zen downgraded Reliance on Sunday, March 3, 2026.
  • Reliance reported Q4 2025 earnings on Wednesday, February 18, 2026.

The players

Reliance (NYSE:RS)

A leading metals service center company that distributes and processes a broad array of metal products, serving diverse end markets.

Wall Street Zen

A research firm that downgraded Reliance from a buy rating to a hold rating.

KeyCorp

A research firm that reaffirmed an 'overweight' rating on Reliance shares.

BMO Capital Markets

A research firm that downgraded Reliance from 'outperform' to 'market perform' and decreased the price target.

Weiss Ratings

A research firm that reiterated a 'hold (c)' rating on Reliance shares.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee (Instagram)

The takeaway

The mixed analyst views on Reliance highlight the challenges and uncertainty facing the industrial metals company, as it navigates a shifting market landscape and economic conditions.