JP Morgan Maintains Overweight on Sherwin-Williams, Lowers Price Target to $285
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jeffrey Zekauskas has maintained an Overweight rating on Sherwin-Williams (NYSE:SHW) but lowered the price target from $300 to $285.
October 25, 2023 | 7:02 pm
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Sherwin-Williams' price target has been lowered from $300 to $285 by JP Morgan, though the Overweight rating is maintained.
The news directly pertains to Sherwin-Williams as JP Morgan has lowered its price target for the company. However, the Overweight rating suggests that the firm still sees potential in the stock, which may balance out the impact of the lowered price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100