A.M. Castle (CAS +3.2%) shares are upgraded to Buy from Hold at Topeka Capital after it meets...


A.M. Castle (CAS +3.2%) shares are upgraded to Buy from Hold at Topeka Capital after it meets with Scott Dolan, the metals distributor's new CEO, and sees a new-found "greater urgency" in making long-needed changes at the company. While macro risks remain, the firm believes the operational and structural changes will dramatically improve CAS earnings potential.

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