RPM named short-term buy idea at Deutsche Bank

Deutsche Bank analyst David Huang placed a “Catalyst Call Buy” on RPM as a short-term investment idea. The analyst believes RPM shares will outperform following its upcoming fiscal Q2 release on January 4. The firm sees the company’s EBIT meeting if not beating consensus and believes the fiscal 2024 EBIT guidance will be reaffirmed if not raised to the upper-half of the original guidance.