Barclays analyst Michael Leithead lowered the firm’s price target on Sherwin-Williams to $260 from $285 and keeps an Equal Weight rating on the shares post the Q3 report. Sherwin’s ability and willingness to reinvest in the business during the housing downcycle better positions it longer term, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on SHW:
- Sherwin-Williams price target lowered to $280 from $300 at BMO Capital
- Sherwin-Williams price target raised to $330 from $315 at RBC Capital
- Sherwin-Williams price target lowered to $274 from $290 at UBS
- Sherwin-Williams price target lowered to $245 from $271 at Wells Fargo
- Sherwin-Williams price target lowered to $270 from $300 at Baird