BMO Capital analyst John McNulty lowered the firm’s price target on RPM (RPM) to $148 from $149 and keeps an Outperform rating on the shares. The company continues to demonstrate its ability to drive growth despite soft end-markets, find accretive M&A to drive EPS, manage raw mats costs effectively with price and effectively remove costs from the business, the analyst tells investors in a research note.
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- The Week That Was, The Week Ahead: Macro and Markets, April 12
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