RPM International (NYSE:RPM) Key Drivers Remain Intact

Saying the key drivers of RPM International (NYSE:RPM) remain intact, KeyBanc raised their price target on the company from $25 to $26, although they lowered their EPS estimate for 2011 based on higher costs of raw materials.

KeyBanc said, "we see RPM returning to mid single-digit volume growth and good earnings growth to the $1.55 level with potential upside from potential acquisition growth."

They lowered their 2Q11 EPS estimate from $0.38 to $0.35.

KeyBanc maintains a "Buy" rating on RPM International, which last closed at $21.97, down $0.29, or 1.30 percent. KeyBanc raised their price target on them from $25 to $26.