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Fly News Breaks for March 4, 2020
RPM
Mar 4, 2020 | 07:13 EDT
As previously reported, Seaport Global analyst Michael Harrison upgraded RPM to Buy from Neutral with an $80 price target. After having spoken with RPM management, Harrison believes RPM continues to capture share and leverage its restructuring program to drive top- and bottom-line growth. The 10% pullback in RPM shares over the past week presents a good buying opportunity, Harrison added. He doesn't currently anticipate much impact from the coronavirus and believes benefits from share gains and restructuring should help to offset potential broader impacts from the virus, the analyst also said.
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