Goldman Sachs Maintains Buy on Sherwin-Williams, Raises Price Target to $335
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Duffy Fischer has reaffirmed a Buy rating on Sherwin-Williams (NYSE:SHW) and increased the price target from $295 to $335.
December 14, 2023 | 2:03 pm
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POSITIVE IMPACT
Goldman Sachs has maintained a Buy rating on Sherwin-Williams and raised the price target to $335, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Goldman Sachs typically signals a strong conviction in the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100