RBC Capital raised the firm’s price target on RPM (RPM) to $125 from $115 and keeps a Sector Perform rating on the shares after its strong Q4 results. The company continues to have a robust backlog, has limited tariff impacts, and has reorganized into Consumer/CPG/PCG segments for cost efficiencies and cross-selling opportunities, the analyst tells investors in a research note. RBC adds however that the stock appears fairly valued.
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