Wells Fargo Maintains Equal-Weight on Sherwin-Williams, Raises Price Target to $320
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 $310 to $320.
January 26, 2024 | 2:09 pm
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Wells Fargo analyst Michael Sison maintained an Equal-Weight rating on Sherwin-Williams and raised the price target to $320.
The increase in price target by Wells Fargo suggests a positive outlook on Sherwin-Williams' stock value in the short term. While the Equal-Weight rating does not indicate a strong buy or sell signal, the raised target price could lead to increased investor confidence and a potential uptick in the stock price.
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