Mizuho analyst Christopher Parkinson raised the firm’s price target on Sherwin-Williams to $268 from $263 and keeps a Buy rating on the shares. The company’s Q1 results demonstrate "sound execution" and end-market trends are yet to justify the degree of conservatism embedded in the company’s 2023 guidance, the analyst tells investors in a research note.
Published first on TheFly
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- Sherwin-Williams sees Q2 net sales up or down low-single digit %
- The Sherwin-Williams Company Reports 2023 First Quarter Financial Results
- Sherwin-Williams sees FY23 adjusted EPS $7.95-$8.65, consensus $8.48
- Sherwin-Williams reports Q1 adjusted EPS $2.04, consensus $1.78
- Sherwin-Williams Declares Dividend of $0.605 per Common Share