KeyBanc assumes coverage on Ryerson stock with Sector Weight

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KeyBanc has initiated coverage on Ryerson Holding Corp. with a “Sector Weight” rating following its merger with Olympic Steel Inc. The combined entity, now with a market capitalization of $1.09 billion, is projected by KeyBanc to achieve $1.52 billion to $1.58 billion in first-quarter 2026 revenue. Despite a recent earnings miss in Q4 2025, analysts anticipate 74% sales growth and a return to profitability for Ryerson in 2026.

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