Wells Fargo Maintains Equal-Weight on Sherwin-Williams, Raises Price Target to $310
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Sison has maintained an Equal-Weight rating on Sherwin-Williams (NYSE:SHW) and increased the price target from $297 to $310.

January 09, 2024 | 1:46 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Wells Fargo analyst Michael Sison maintained an Equal-Weight rating on Sherwin-Williams and raised the price target from $297 to $310.
The increase in price target by Wells Fargo suggests a positive outlook on Sherwin-Williams' stock value, which could lead to a short-term increase in its stock price. The Equal-Weight rating indicates that the analyst believes the company's stock performance will be in line with the sector average, but the raised target price implies an expectation of some growth.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100