RPM price target raised to $110 from $94 at BofA

BofA raised the firm’s price target on RPM (RPM) to $110 from $94 and keeps an Underperform rating on the shares. RPM’s fiscal Q4 was “notably strong” considering the state of the coatings industry, says the analyst, who raised the firm’s FY26 EPS estimate to $5.80 from $4.95 following the report. However, the issue remains consumer coatings, and “the outlook is not encouraging,” the analyst added.