Barclays Maintains Equal-Weight on Sherwin-Williams, Raises Price Target to $315
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Michael Leithead has maintained an Equal-Weight rating on Sherwin-Williams (NYSE:SHW) and increased the price target from $285 to $315.
January 29, 2024 | 8:12 pm
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POSITIVE IMPACT
Barclays has maintained an Equal-Weight rating on Sherwin-Williams and raised the price target to $315, indicating a positive outlook on the stock.
The increase in price target by Barclays reflects a positive reassessment of Sherwin-Williams' valuation, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100