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Rpm stock price forecast sentiment has improved as PMI

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RPM stock price forecast sentiment has improved as PMI manufacturing data exceeded expectations, typically a supportive signal for industrial product demand. Net income attributable to stockholders was $227.6 million, with diluted EPS flat at $1.77. Adjusted diluted EPS was $1.88, up 2.2% from $1.84 and in line with expectations. EBIT rose 3.3% to $314.0 million, and adjusted EBIT increased 2.9% to $337.8 million. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]. The latest RPM stock price forecast reflects steady resilience amid market volatility, trading near $103 in early June 2024, with analysts calling for a potential breakout towards $108 if construction materials demand remains robust. Institutional sentiment shows increased long positions, hinting at continued industrial sector strength.