Berenberg Maintains Hold on Sherwin-Williams, Raises Price Target to $249
Portfolio Pulse from Benzinga Newsdesk
Berenberg analyst Adrien Tamagno maintains a 'Hold' rating on Sherwin-Williams (NYSE:SHW) and raises the price target from $224 to $249.
September 29, 2023 | 9:34 am
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Sherwin-Williams' price target has been raised from $224 to $249 by Berenberg, while maintaining a 'Hold' rating.
The news is directly about Sherwin-Williams and is likely to influence investor sentiment. However, as the rating is 'Hold', it suggests that the stock is fairly valued at the moment, which might not lead to significant price movement in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100