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Wells Fargo ups RPM to Overweight, sees recent stock weakness as opportunity

As previously reported, Wells Fargo analyst Michael Sison upgraded RPM (RPM) to Overweight from Equal Weight with a price target of $140, up from $134. The firm argues the the company is well positioned to generate positive EBIT growth in FY25 despite very weak demand and stronger growth in FY26. Further, Wells believes the recent stock weakness is an opportunity.

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