Fly News Breaks for January 7, 2019
RPM
Jan 7, 2019 | 09:15 EDT
BMO Capital analyst John McNulty lowered his price target on RPM to $72 after its "modestly disappointing" Q2 results reported on Friday. The analyst says the high raw materials have continued to "negatively impact the margins for the segment", while the weakness in European operations and weather factors weighed on the company's top line. McNulty keeps his Outperform rating on RPM longer term, saying the company's cost cutting efforts are on track and that the stock is "relatively inexpensive".
News For RPM From the Last 2 Days
There are no results for your query RPM