Baird Maintains Neutral on RPM Intl, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Ghansham Panjabi maintains a Neutral rating on RPM International (RPM) and raises the price target from $105 to $120.
April 05, 2024 | 11:11 am
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Baird analyst Ghansham Panjabi maintains a Neutral rating on RPM International and raises the price target from $105 to $120.
The increase in the price target from $105 to $120 by Baird indicates a positive outlook on the stock's value, potentially leading to increased investor interest and a short-term positive impact on RPM International's stock price. However, the maintenance of a Neutral rating suggests that the analyst sees limitations to the stock's upward potential, possibly due to underlying challenges or market conditions.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100