Baird lowered the firm’s price target on RPM (RPM) to $110 from $125 and keeps a Neutral rating on the shares. The firm updated its model as they believe the company is executing well but saying near-term uncertainty could weigh on its premium multiple.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RPM: