Argus Research Maintains Buy Rating for Sherwin-Williams: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Argus Research has reaffirmed its Buy rating on Sherwin-Williams (NYSE:SHW), increasing the price target from $330.00 to $378.00. Sherwin-Williams' current share price is $304.21, and the new price target suggests a potential upside of 24.26%. Sherwin-Williams is a leading architectural paint provider in the U.S., with over 4,900 stores.
December 21, 2023 | 5:00 pm
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Argus Research maintains a Buy rating on Sherwin-Williams and raises the price target to $378, suggesting a 24.26% upside from the current price.
The reaffirmation of a Buy rating and an increased price target by a reputable analyst firm like Argus Research typically instills confidence in investors and can lead to a positive short-term price movement. The significant potential upside of 24.26% highlighted by the new price target may attract investor interest and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100