BMO Capital analyst John McNulty raised the firm’s price target on Sherwin-Williams to $385 from $340 and keeps an Outperform rating on the shares. The company has set itself up for “near-term luck” as its aggressive investments to drive share will pay off given recent industry developments, the analyst tells investors in a research note.
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Read More on SHW:
- Sherwin-Williams upgraded to Buy from Neutral at UBS
- Wolfe starts Sherwin-Williams at Peer Perform, sees pressure until rate cuts
- Sherwin-Williams initiated with a Peer Perform at Wolfe Research
- Sherwin-Williams upgraded to Buy from Neutral at Northcoast
- Sherwin-Williams raises dividend 18.2% to 71.5c per share
