Wells Fargo Maintains Equal-Weight on Sherwin-Williams, Raises Price Target to $400
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Sison has maintained an Equal-Weight rating on Sherwin-Williams (NYSE:SHW) while raising the price target from $350 to $400.
October 15, 2024 | 2:00 pm
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Wells Fargo has maintained its Equal-Weight rating on Sherwin-Williams but increased the price target from $350 to $400, indicating a positive outlook.
The increase in price target from $350 to $400 by Wells Fargo suggests a positive outlook for Sherwin-Williams, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the higher price target is a bullish signal.
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IMPORTANCE 80
RELEVANCE 100