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Fly News Breaks for March 3, 2016
VAL, LOW, SHW
Mar 3, 2016 | 07:13 EDT
Citi analyst P.J. Juvekar upgraded Sherwin-Williams (SHW) to Buy citing easy comps for the upcoming painting season and shares gains at Lowe's (LOW) through the company's new Infinity product line. Juvekar raised his price target for Sherwin-Williams to $316 from $281. He recommends a pair trade of overweight Sherwin, underweight Valspar (VAL). Juvekar lowered his price target for Neutral-rated Valspar to $85 from $88.
News For SHW;LOW;VAL From the Last 2 Days
LOW
Mar 18, 2024 | 16:21 EDT
Mizuho analyst David Bellinger initiated coverage of Lowe's with a Buy rating and $280 price target. The analyst launched coverage of 15 companies in the consumer hardlines and consumer internet verticals with an optimistic view for the balance of 2024. The firm expects a "more subdued, yet stable" spending backdrop to become more apparent in the coming months and takes a positive view toward eight names. Its top picks include Lowe's (LOW) within core consumer hardlines and large caps, Wayfair (W) within consumer internet coverage, and Mister Car Wash (MCW) within small caps. Expectations for rate cuts into 2025 should serve as an added positive and supports a positive stance on home improvement and other home-related activity, the analyst tells investors in a research note.