RPM International (RPM) PT Lowered to $139 at BMO Capital

BMO Capital analyst John McNulty lowered the price target on RPM International (NYSE: RPM) to $139.00 (from $140.00) while maintaining a Outperform rating.

The analyst commented, "With a slightly more cautious outlook for a DIY slowdown impacting Consumer, we updated our estimates for RPM, taking down our above-consensus FY2025 numbers (now in line for FY2025 at $5.49). That said, we continue to see significant upside to RPM's FY2026 numbers tied to MAP25 savings that are being masked by the weaker volume environment, which we believe is underappreciated by the Street. We updated our 12-month target price to $139 and reiterate our OP rating."

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