RBC Capital Maintains Outperform on Sherwin-Williams, Lowers Price Target to $446
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Arun Viswanathan maintains an Outperform rating on Sherwin-Williams but lowers the price target from $455 to $446.
October 24, 2024 | 5:49 pm
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NEUTRAL IMPACT
RBC Capital has maintained its Outperform rating on Sherwin-Williams but has lowered the price target from $455 to $446, indicating a slightly less optimistic outlook.
The maintenance of the Outperform rating suggests continued confidence in Sherwin-Williams' performance, but the lowered price target indicates a slightly reduced expectation for its stock price. This could lead to a neutral short-term impact as the overall sentiment remains positive but with tempered expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100