Jefferies Upgrades Sherwin-Williams to Buy, Raises Price Target to $275
Portfolio Pulse from richadhand@benzinga.com
Jefferies analyst Laurence Alexander upgraded Sherwin-Williams (NYSE:SHW) from Hold to Buy and raised the price target from $240 to $275.
May 24, 2023 | 12:13 pm
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Sherwin-Williams (NYSE:SHW) has been upgraded from Hold to Buy by Jefferies analyst Laurence Alexander, with a raised price target of $275.
The upgrade from Hold to Buy and the raised price target from $240 to $275 by Jefferies analyst Laurence Alexander indicates a positive outlook for Sherwin-Williams. This news is likely to have a positive short-term impact on the stock price as it reflects increased confidence in the company's performance and potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100