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Fly News Breaks for March 21, 2016
VAL, SHW
Mar 21, 2016 | 07:57 EDT
As reported previously, Susquehanna upgraded Sherwin-Williams (SHW) to Positive from Neutral following its proposed acquisition of Valspar (VAL). The firm sees the deal as accretive to cash earnings and sees the purchase as cheaper than buying back stock. Susquehanna raised its price target to $370 from $260 on Sherwin-Williams shares.
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