Mizuho Maintains Buy on Sherwin-Williams, Lowers Price Target to $334
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst John Roberts maintains a Buy rating on Sherwin-Williams (NYSE:SHW) but lowers the price target from $340 to $334.
April 24, 2024 | 2:03 pm
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NEUTRAL IMPACT
Mizuho maintains a Buy rating on Sherwin-Williams but lowers the price target from $340 to $334.
The adjustment in price target by Mizuho reflects a nuanced view on Sherwin-Williams' valuation, suggesting a slight moderation in optimism but still maintaining a positive outlook. This could lead to mixed reactions in the short term, as the market digests the reduced price target against the backdrop of a sustained Buy rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100