Mizuho analyst John Roberts lowered the firm’s price target on RPM (RPM) to $140 from $150 and keeps an Outperform rating on the shares. The company guided February quarter EBIT flattish at $110M at the midpoint versus Mizuho’s estimate of $136M, the analyst tells investors in a research note. The firm says the “weak” guidance reflects “meaningfully harsher weather” quarter-to-date.
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