BMO Capital Reiterates Outperform on Sherwin-Williams, Lowers Price Target to $377
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst John McNulty has reiterated an Outperform rating on Sherwin-Williams (NYSE:SHW) but lowered the price target from $385 to $377.

April 24, 2024 | 4:25 pm
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NEUTRAL IMPACT
BMO Capital maintains an Outperform rating on Sherwin-Williams but reduces the price target from $385 to $377.
The reiteration of an Outperform rating suggests a positive outlook on Sherwin-Williams by BMO Capital, indicating confidence in the company's future performance. However, the reduction in the price target could reflect slight adjustments in valuation metrics or market conditions, potentially leading to a neutral short-term impact on the stock price as investors digest both the reaffirmation of the stock's potential and the modest adjustment in expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100