Keybanc Downgrades Sherwin-Williams to Sector Weight
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Aleksey Yefremov has downgraded Sherwin-Williams (NYSE:SHW) from Overweight to Sector Weight, indicating a more cautious outlook on the stock.
October 07, 2024 | 9:55 am
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Keybanc analyst Aleksey Yefremov downgraded Sherwin-Williams from Overweight to Sector Weight, suggesting a more cautious stance on the stock.
The downgrade from Overweight to Sector Weight by Keybanc suggests that the analyst sees less potential for outperformance in Sherwin-Williams compared to its sector peers. This could lead to a negative short-term impact on the stock price as investors may adjust their positions based on this new rating.
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