Citigroup Maintains Buy on Sherwin-Williams, Lowers Price Target to $370
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Patrick Cunningham maintains a Buy rating on Sherwin-Williams (SHW) but lowers the price target from $390 to $370.

April 25, 2024 | 10:29 pm
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Citigroup maintains a Buy rating on Sherwin-Williams but lowers the price target from $390 to $370.
The adjustment in price target by Citigroup, while maintaining a Buy rating, suggests a positive outlook on Sherwin-Williams but with a slightly reduced growth expectation. This could lead to a neutral short-term impact on SHW's stock price as the market digests the new price target alongside the continued endorsement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100