Citigroup Maintains Buy on Sherwin-Williams, Lowers Price Target to $420
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Patrick Cunningham maintains a Buy rating on Sherwin-Williams but lowers the price target from $430 to $420.
October 24, 2024 | 1:41 pm
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NEUTRAL IMPACT
Citigroup's analyst maintains a Buy rating on Sherwin-Williams but reduces the price target from $430 to $420, indicating a slightly less optimistic outlook.
The maintenance of a Buy rating suggests continued confidence in Sherwin-Williams' performance, but the lowered price target indicates a tempered outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100