Deutsche Bank Initiates Coverage On RPM International with Hold Rating, Announces Price Target of $90
Portfolio Pulse from richadhand@benzinga.com
Deutsche Bank analyst David Huang initiates coverage on RPM International (NYSE:RPM) with a Hold rating and announces a price target of $90.
June 05, 2023 | 9:14 am
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Deutsche Bank initiates coverage on RPM International with a Hold rating and a price target of $90.
Deutsche Bank's initiation of coverage on RPM International with a Hold rating and a price target of $90 indicates a neutral outlook for the stock in the short term. The Hold rating suggests that the stock is fairly valued and the price target implies limited upside potential. This news is important for investors as it provides an expert opinion on the stock's valuation, but the neutral rating is unlikely to cause significant price movement in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100