BMO Capital Maintains Outperform on RPM Intl, Lowers Price Target to $139
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst John McNulty maintains an Outperform rating on RPM International (NYSE:RPM) but slightly lowers the price target from $140 to $139.
August 27, 2024 | 1:50 pm
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BMO Capital's analyst John McNulty continues to rate RPM International as Outperform, indicating confidence in the company's performance, but slightly reduces the price target from $140 to $139.
The Outperform rating suggests positive expectations for RPM's stock, but the slight reduction in the price target indicates a minor adjustment in the analyst's valuation. This is likely to have a neutral short-term impact on the stock price as the overall sentiment remains positive.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100