JP Morgan Maintains Overweight on Sherwin-Williams, Lowers Price Target to $315
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jeffrey Zekauskas maintains an Overweight rating on Sherwin-Williams (SHW) but lowers the price target from $317 to $315.

April 24, 2024 | 3:28 pm
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NEUTRAL IMPACT
JP Morgan maintains an Overweight rating on Sherwin-Williams, with a slight reduction in the price target from $317 to $315.
The adjustment in price target by JP Morgan reflects a minor revision in their valuation of Sherwin-Williams. Given the Overweight rating is maintained, the impact on the stock price is likely neutral in the short term, as the reduction in the price target is minimal and does not indicate a significant change in the company's fundamentals or outlook.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100