Barclays analyst Michael Leithead raised the firm’s price target on Sherwin-Williams to $315 from $285 and keeps an Equal Weight rating on the shares. Similar to 2023, the analyst thinks there’s sufficient embedded conservatism and self-help levers for Sherwin-Williams to pull to hit 2024 guidance. That said, shares have run and the valuation “feels full,” the analyst tells investors in a research note.
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- Sherwin-Williams price target lowered to $341 from $346 at RBC Capital
- Sherwin-Williams price target lowered to $350 from $360 at Deutsche Bank
- Sherwin-Williams price target raised to $360 from $355 at Evercore ISI
- Sherwin-Williams price target lowered to $340 from $352 at Mizuho
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