Wells Fargo Maintains Equal-Weight on Sherwin-Williams, Raises Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Sison has maintained an Equal-Weight rating on Sherwin-Williams (NYSE:SHW) and raised the price target from $250 to $300.
July 26, 2023 | 1:18 pm
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POSITIVE IMPACT
Sherwin-Williams' price target has been raised from $250 to $300 by Wells Fargo, maintaining an Equal-Weight rating.
The increase in price target by a reputable financial institution like Wells Fargo indicates a positive outlook for Sherwin-Williams. This could potentially lead to an increase in the stock's price in the short term as it signals confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100