Zacks Investment Research upgraded shares of OLYMPIC STEEL (ZEUS) from UNDERPERFORM to NEUTRAL on May 09, 2013, with a target price of $23.90.
OLYMPIC STEEL INC. is a specialized steel service center that processes and distributes flat- rolled carbon, stainless and tubular steel products. Company operates as an intermediary between steel producers and manufacturers that require processed steel for their operations. Company purchases flat-rolled steel typically from steel producers and responds to its customers' needs by processing steel to customer specifications and by providing critical inventory and just-in-time delivery services.
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