Morgan Stanley Maintains Overweight on Sherwin-Williams, Raises Price Target to $450
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has maintained an Overweight rating on Sherwin-Williams and raised its price target from $375 to $450, indicating a positive outlook for the company's stock.
October 18, 2024 | 12:54 pm
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Morgan Stanley has raised its price target for Sherwin-Williams from $375 to $450 while maintaining an Overweight rating, suggesting confidence in the company's future performance.
The increase in price target from $375 to $450 by Morgan Stanley, along with the maintained Overweight rating, indicates a strong positive sentiment towards Sherwin-Williams' stock. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100