UBS Upgrades Sherwin-Williams to Buy, Raises Price Target to $402
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Joshua Spector upgrades Sherwin-Williams (SHW) from Neutral to Buy and increases the price target from $312 to $402, indicating a positive outlook on the company's stock.
March 07, 2024 | 11:21 am
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Sherwin-Williams upgraded by UBS from Neutral to Buy with a price target increase from $312 to $402, suggesting a strong growth potential.
The upgrade from Neutral to Buy by a major analyst like UBS, coupled with a significant increase in the price target, typically signals a strong bullish outlook on the stock. This can lead to increased investor confidence and potential short-term price appreciation.
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